This quiz consists of 5 multiple choice and 5 short answer questions through Section VI. Time Travel into the Future, Chapters 24-26 Doomsday Mechanisms; A Pessimistic Scenario; A Realistic Scenario.

Multiple Choice Questions

1. What realistic scenario was discussed in Chapter 26 involving the U.S. monetary system?
(a) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on silver, with gold as an auxiliary reserve.
(b) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on silver, with platinum as an auxiliary reserve.
(c) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on gold, with silver as an auxiliary reserve.
(d) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on platinum, with gold as an auxiliary reserve.

2. When did the American public become interested in socialism as an alternative to capitalism?
(a) During the Cold War, the American public became interested in socialism as an alternative to capitalism.
(b) After World War II, the American public became interested in socialism as an alternative to capitalism.
(c) During the Great Depression of the 1930s, the American public became interested in socialism as an alternative to capitalism.
(d) After LBJ's Great Society was enacted, the American public became interested in socialism as an alternative to capitalism.

3. What did the issuance of the first paper money lead to?
(a) The lending process evolved from the establishment of the paper money system.
(b) The class system evolved from the establishment of the paper money system.
(c) Stronger economies evolved from the establishment of the paper money system.
(d) Banks evolved from the establishment of the paper money system.

4. What was the motivation for the Rothschilds to finance wars?
(a) The Rothschilds supported wars for eventual world dominance.
(b) The Rothschilds supported wars to fight for their conservative causes.
(c) The Rothschilds supported wars to perpetuate wars for the sake of making money.
(d) The Rothschilds supported wars to fight for their liberal causes.

5. How did governments devalue currency in fiat money systems?
(a) This was accomplished by devaluing the currency through legislation.
(b) This was accomplished by devaluing the currency through regulation.
(c) This was accomplished by devaluing the currency through use of the printing press.
(d) This was accomplished by devaluing the currency through taxation..