This quiz consists of 5 multiple choice and 5 short answer questions through Section IV. A Tale of Three Banks, Chapters 16-19 The Creature Comes to America; A Den of Vipers; Loaves and Fishes, and Civil War; Greenbacks and Other Crimes.

Multiple Choice Questions

1. The Rothschild family held sway over most political leaders with the exception of what historic figure?
(a) The Rothschild family held no political influence over Vladimir Lenin.
(b) The Rothschild family held no political influence over Adolph Hitler.
(c) The Rothschild family held no political influence over Napoleon.
(d) The Rothschild family held no political influence over Kaiser Wilhelm II.

2. What has caused the economy's boom-bust cycle?
(a) The Federal Reserve's advertised purpose was to stabilize the economy, but depressions and recessions have resulted instead in a boom-bust cycle.
(b) The economy's boom-bust cycle is caused by the instability of the International Monetary Fund.
(c) The economy's boom-bust cycle is caused from people hoarding cash.
(d) The economy's boom-bust cycle is caused from trade deficits.

3. What city became a major part of the welfare state in 1975?
(a) New York City became a major part of the welfare state in 1975 via Federal government bailouts.
(b) Atlanta became a major part of the welfare state in 1975 via Federal government bailouts.
(c) Los Angeles became a major part of the welfare state in 1975 via Federal government bailouts.
(d) Chicago became a major part of the welfare state in 1975 via Federal government bailouts.

4. How did the development of paper money begin?
(a) The development of paper money started out as vouchers issued by the government.
(b) The development of paper money started out as simply receipts issued by goldsmiths who were the first banks.
(c) The development of paper money started out as simply receipts issued by goldsmiths who kept other people's gold coins in their vaults.
(d) The development of paper money started out as simply receipts issued by goldsmiths who gave the people's gold coins to the government.

5. The author made what sports analogy to describe the problems with the banking system?
(a) Using a golf analogy, the problems with the banking system were presented in a fairly understandable way.
(b) Using a football analogy, the problems with the banking system were presented in a fairly understandable way.
(c) Using a soccer analogy, the problems with the banking system were presented in a fairly understandable way.
(d) Using a baseball analogy, the problems with the banking system were presented in a fairly understandable way.