This quiz consists of 5 multiple choice and 5 short answer questions through Section III. The New Alchemy, Chapters 11-12 The Rothschild Formula; Sink the Lusitania!.

Multiple Choice Questions

1. What did the author feel was the ultimate goal in establishing the IMF and the World Bank?
(a) The ultimate goal was to establish the US dollar as the single world currency.
(b) The ultimate goal was to establish the Euro as the single world currency.
(c) The ultimate goal was to put the United Nations in control of world currency.
(d) The ultimate goal was to bring about a single world government that had control of all currencies.

2. What organization ensures the nationalization of banks?
(a) As long as the FDIC existed, it would continue nationalizing banks and perhaps other industries as they fell into financial difficulties.
(b) As long as the International Monetary Fund existed, it would continue nationalizing banks and perhaps other industries as they fell into financial difficulties.
(c) As long as the Congressional Banking Committee existed, it would continue nationalizing banks and perhaps other industries as they fell into financial difficulties.
(d) As long as the Federal Reserve System existed, it would continue nationalizing banks and perhaps other industries as they fell into financial difficulties.

3. What action was taken by the Federal Reserve during the 1980s S&L crisis?
(a) The Federal Reserve System usurped the powers of Congress and forgave the S&Ls their debts.
(b) The Federal Reserve System usurped the powers of Congress and declared that the S&Ls had the same rights as banks.
(c) The Federal Reserve System usurped the powers of Congress and began crafting legislation to bail out the S&Ls.
(d) The Federal Reserve System usurped the powers of Congress and started handing out money directly to the S&Ls as well.

4. Who was the mastermind behind the Federal Reserve?
(a) Thomas Jefferson was the mastermind behind the Federal Reserve.
(b) Henry Kissinger was the mastermind behind the Federal Reserve.
(c) Alexander Hamilton was the mastermind behind the Federal Reserve.
(d) Paul Moritz Warburg was the mastermind behind the Federal Reserve.

5. Why has bank fraud never been eliminated?
(a) The Federal Reserve was controlled by outside political interests that fostered fraud.
(b) The Federal Reserve tried to institute European standards which led to the perpetuation of fraud.
(c) The Federal Reserve was influenced by lobbyists who advocated fraudulent regulations.
(d) Financial experts were taught that the way banking worked in the US was the only way it could work, and so the fraud kept on going.