First a few historical comments by people who helped create two of the worlds most famous central banks, the Bank of England and the Federal Reserve.
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” – Woodrow Wilson, after signing the Federal Reserve into existence
The Bank of England was created in 1694 by a Scotsman William Paterson who famously said:
The bank hath benefit of interest on all moneys which it creates out of nothing. – William Paterson
The history of the Bank of England and how it was taken over by one powerful family hundreds of years ago.
Up until 1946 when it was nationalised the Bank of England was a private run bank that lent money it created out of nothing to the English government and was paid back with interest.
A very famous story relates to the Bank of England and the infamous Rothschilds, that all powerful banking family. This story was re-told recently in a BBC documentary about the creation of money and the Bank of England.
It revolves around the Battle of Waterloo in which Nathan Rothschild used his inside knowledge of the outcome and his faster horses and couriers to play the market by getting the result of the battle before anyone else knew the outcome.
He quickly sold his English bonds and gave all the traders who looked to him for guidance the impression that the French had won at Waterloo.
The other traders all rushed to sell their bonds before the market crashed thinking that they were now worthless and a massive fire-sale occurred as brokers clamered to get rid of their stock. This massive sell off quickly drove the price of the bonds down to 5% of their original worth.
Once the bottom had dropped out the market Nathan Rothschild then re-bought as many bonds back as he could at hugely discounted prices and in doing so he multiplied his wealth twenty times in 3 days of trading."
http://www.darkpolitricks.com/2013/01/who-owns-the-bank-of-england/
"Destroying the New World Order"
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