Study Guide

The Creature from Jekyll Island: A Second Look at the Federal Reserve - Section III. The New Alchemy, Chapters 11-12 The Rothschild Formula; Sink the Lusitania! Summary & Analysis

G. Edward Griffin
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Section III. The New Alchemy, Chapters 11-12 The Rothschild Formula; Sink the Lusitania! Summary and Analysis

Summary

As explained in Chapter 11, the Rothschild Formula was fundamentally that money could be made from warfare and from both sides of the conflicts. Mayer Amschel Rothschild and his five sons financed European wars from the middle of the eighteenth century into the nineteenth. They held sway over most political leaders of the time except for Napoleon, who rejected the idea of going into debt to fund wars. The Rothschilds funded England, and the result was victory for the English over Napoleon at Waterloo.

As explained in Chapter 12, World War I started in 1914 with the assassination of the Archduke of Austria-Hungary, Francis Ferdinand. England and France went heavily into debt until the countries had to hire the...

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This section contains 700 words
(approx. 2 pages at 400 words per page)
Buy The Creature from Jekyll Island: A Second Look at the Federal Reserve Study Guide
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