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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. The Rothschilds financed the conflict in which what historic leader was defeated by England?
(a) The Rothschilds helped the English defeat King Louis XVI.
(b) The Rothschilds helped the English defeat Kaiser Wilhem II.
(c) The Rothschilds helped the English defeat Vladimir Lenin.
(d) The Rothschilds helped the English defeat Napoleon.

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

3. What system was in control of the economy before the Federal Reserve System was established?
(a) Before the Federal Reserve System came into being, groundwork was laid by the few people who controlled banking.
(b) Before the Federal Reserve System came into being, groundwork was laid by the few people who controlled banking.
(c) Before the Federal Reserve System came into being, groundwork was laid by the few people who controlled banking.
(d) Before the Federal Reserve System came into being, groundwork was laid by the few people who controlled banking.

4. What did the author predict would become the world government?
(a) Europe would become the world government.
(b) The US would become the world government.
(c) The UN was the organization that would become the world government.
(d) China would become the world government.

5. What place in history does the Rothschild family hold?
(a) Mayer Amschel Rothschild and his five sons financed European wars occurring in the twentieth century.
(b) Mayer Amschel Rothschild and his five sons financed European wars occurring after World War II through the Cold War years.
(c) Mayer Amschel Rothschild and his five sons financed worldwide wars from the middle of the eighteenth century into the nineteenth.
(d) Mayer Amschel Rothschild and his five sons financed European wars from the middle of the eighteenth century into the nineteenth.

6. What debt would be incurred by future generations from currency devaluation?
(a) National debts were paid right away from the currency devaluation and only debts to foreign investors would be inherited by future generations.
(b) National debts were paid right away from the currency devaluation and only national growth expenses would be inherited by future generations.
(c) National debts were paid right away from the currency devaluation and only deficits would be inherited by future generations.
(d) National debts were paid right away from the currency devaluation and only interest payments would be inherited by future generations.

7. Which European bank become the model for the Federal Reserve System?
(a) First Banc of France became the model for the Federal Reserve System
(b) Bank One of Rome became the model for the Federal Reserve System.
(c) The Bank of Madrid became the model for the Federal Reserve System.
(d) The Bank of England became the model for the Federal Reserve System.

8. What country was formed after the second Russian revolution?
(a) The USSR developed after the second Russian revolution.
(b) New Poland was formed after the second Russian revolution.
(c) The country of Georgia was established after the second Russian revolution.
(d) Kurdistan was formed after the Russian revolution.

9. How did England and France, at least in part, finance their wars?
(a) England and France went heavily into debt until the countries sold their war bonds to the US.
(b) England and France went heavily into war debt until they hired political financial excerpts from the Far East.
(c) England and France went heavily into debt until the countries had to hire the House of Morgan in partnership with the Rothschilds to sell their war bonds.
(d) England and France went heavily into war debt causing them to reduce the sizes of their armies.

10. What other organizations were spawned from Milner's secret society?
(a) Other parts of the secret society showed up as the World Bank and Red Cross.
(b) Other parts of the secret society showed up as the Council on Foreign Relations and even the Red Cross.
(c) Other parts of the secret society showed up as the International Money Fund.
(d) Other parts of the secret society showed up as the Noble Prize Commission.

11. What resulted from the Mandrake Mechanism?
(a) The results of this system included social planning and tax relief.
(b) The results of this system included social planning and hidden taxation by means of inflation.
(c) The results of this system included social planning and hidden taxation and currency devaluation.
(d) The results of this system included social planning and hidden taxation by means of deflation.

12. What two social classes does the author predict for the future?
(a) Only two classes of people would exist--the ruling class and those ruled by it.
(b) Only two classes of people would exist--the rich and the poor.
(c) Only two classes of people would exist--the rich and the middle class.
(d) Only two classes of people would exist--the middle class and the poor.

13. What is the basic structure of the U.S. monetary system?
(a) The monetary system in the U.S. was constructed for debt to be necessary in order for Federal Reserve to remain in control of monetary concerns.
(b) The monetary system in the U.S. was constructed for debt to be necessary in order for the economy to flourish.
(c) The monetary system in the U.S. was constructed for debt to be necessary in order for the money supply to remain in existence.
(d) The monetary system in the U.S. was constructed for debt to be necessary in order for the Congress to pass tax increases.

14. How did some organizations profit during boom-bust cycles by buying bonds?
(a) Buying up bonds during busts gained tremendous value during boom times.
(b) Buying up bonds during busts gained tremendous value ten years later.
(c) Buying up bonds during booms gained tremendous value during bust times.
(d) Buying up bonds during busts gained tremendous value during the Great Depression.

15. What was the economic outlook in the U.S. following the Civil War?
(a) During the years following the Civil War, the U.S. economy went through a recession.
(b) During the years following the Civil War, the U.S. economy experienced inflationary times.
(c) During the years following the Civil War, the U.S. economy went through extremes of the boom-bust cycle.
(d) During the years following the Civil War, the U.S. economy experienced a period of deflation.

Short Answer Questions

1. What solid case did governments make for fiat monetary systems?

2. The Rothschild family held sway over most political leaders with the exception of what historic figure?

3. What culture first developed the modern equivalent of the banking industry?

4. What were the sales of English and French war bonds used for?

5. What financing was behind the second Russian revolution?

(see the answer keys)

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