The Oldest Trick(s) in the Book--Babylon

The banking institutions are ancient and their scam is simple. What makes it hard to detect is scale. They tend to infuse economies with "paper" (i.e., fraudulent) liquidity (i.e., bubble growth) let the real economy grow (houses built, gold extracted) and then implode the system via hyper-inflation. Since they control the mechanism of both credit and monetary expansion (essentially the same thing these days) what this amounts to is putting the real economy into their coffers and creating a population of debt slaves. This scam is hard to detect because the cycle tends to range from fifty to one-hundred years. Without a savvy and well-spoken elderly population no one is the wiser.

A free history of this cycle is available by searching for "The Babylonian Woe." This book is translated from Hungarian so it reads a little choppy but don't let that disuade you.

Here is what one reviewer had to say:

David Astle's "The Babylonian Woe" is the finest book on the history of money in antiquity that I've ever read. In this scholarly work, he has presented to the world a history of the effects of monetary mechanics in very ancient times. It illustrates how, even in the earliest times of which written record remains, the days of Babylonia or before, a so-called monetary science undoubtedly existed; being then, as in today, never more than as instrument by which its secret and cynical controllers wittingly influenced the destinies oindividuals, nations, and empires as to (temporary) glory or final disaster.