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. The sinking of the Lusitania provoked what country to enter into World War I?
(a) The sinking of the Lusitania and the death of its passengers, many of whom were French citizens, brought the France into the war.
(b) The sinking of the Lusitania and the death of its passengers, many of whom were German citizens, brought the Germany into the war.
(c) The sinking of the Lusitania and the death of its passengers, many of whom were British citizens, brought the England into the war.
(d) The sinking of the Lusitania and the death of its passengers, many of whom were US citizens, brought the US into the war.

2. What culture was the first to create a currency system based on gold and silver?
(a) The ancient Romans came up with the idea to make coins out of gold and silver.
(b) The ancient Greeks came up with the idea to make coins out of gold and silver.
(c) The British came up with the idea to make coins out of gold and silver.
(d) Alexander the Great came up with the idea to make coins out of gold and silver.

3. What is the true function of the FDIC?
(a) The FDIC is another way to pay off the debt of the taxpayer.
(b) The FDIC is another way to support the people who use banks.
(c) The FDIC is another way to demonstrate the strength of the economy.
(d) The FDIC is another way to pay off banking mistakes through the taxpayer.

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

5. Why did banks offer debtors more credit?
(a) Banks offered more credit to debtors to help improve their credit rating.
(b) Banks offered more credit to debtors to help them purchase homes.
(c) Banks offered more credit to debtors to increase interest payments to the them.
(d) Banks offered more credit to debtors to so they could increase their purchasing power.