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. Why was platinum not used to back the monetary system?
(a) Platinum did not have the popular support of the public to become the standard for a monetary system.
(b) Platinum was too scarce to be used to be the standard for a monetary system.
(c) Not enough platinum occurred in the United States to be used as the standard for a monetary system.
(d) There were myths about platinum and many questioned its real value making it unacceptable to be used to be the standard for a monetary system.

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

3. Why has bank fraud never been eliminated?
(a) 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.
(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) The Federal Reserve was controlled by outside political interests that fostered fraud.

4. After analysis, what was the real nature of the S&L system?
(a) The S&L system turned out to actually be operated by international interests.
(b) The S&L system turned out to actually be a cartel within a cartel.
(c) The S&L system turned out to actually be criminal.
(d) The S&L system turned out to actually be a scam.

5. What is the author's main complaint?
(a) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the taxpayer with the costs of the bad loans.
(b) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the Federal Reserve with the costs of the bad loans.
(c) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the IMF with the costs of the bad loans.
(d) Central to the author's thesis was that a few scheming people were constantly and consistently strapping the government with the costs of the bad loans.