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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 Vladimir Lenin.
(b) The Rothschilds helped the English defeat Kaiser Wilhem II.
(c) The Rothschilds helped the English defeat Napoleon.
(d) The Rothschilds helped the English defeat King Louis XVI.

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

3. What caused wildcat banks to develop?
(a) The central bank provided generous funds for loans, and as the country expanded, wildcat banks developed in the wilderness.
(b) The central bank reintroduced deflation, and as the country expanded, wildcat banks developed in the wilderness.
(c) The central bank reintroduced inflation, and as the country expanded, wildcat banks developed in the wilderness.
(d) The Federal Reserve reintroduced inflation, and as the country expanded, wildcat banks developed in the wilderness.

4. 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 money supply to remain in existence.
(c) The monetary system in the U.S. was constructed for debt to be necessary in order for the economy to flourish.
(d) The monetary system in the U.S. was constructed for debt to be necessary in order for the Congress to pass tax increases.

5. What caused England to nearly go broke?
(a) The British pound suffered in the European market, which led to the country nearly going broke.
(b) The British pound suffered in the international markets, which led to the country nearly going broke.
(c) The British pound suffered in the US market, which led to the country nearly going broke.
(d) The British pound suffered in the Asian market, which led to the country nearly going broke.

6. 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.

7. 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 and currency devaluation.
(c) The results of this system included social planning and hidden taxation by means of deflation.
(d) The results of this system included social planning and hidden taxation by means of inflation.

8. What decade marked the beginning of a tremendous surge in U.S. debt?
(a) The U.S. grew its debt tremendously since 1950.
(b) The U.S. grew its debt tremendously since 1930.
(c) The U.S. grew its debt tremendously since 1910.
(d) The U.S. grew its debt tremendously since 1960.

9. What deal did the U.S. make with England during World War I regarding the British ship Lusitania?
(a) In a deal struck between England and the US, the British ship Lusitania was set up to be sunk by a U-boat operating in the Black Sea.
(b) In a deal struck between England and the US, the British ship Lusitania ambushed a U-boat operating in the North Atlantic near Ireland.
(c) In a deal struck between England and the US, the British ship Lusitania was set up to be sunk by a U-boat operating off the coast of Italy.
(d) In a deal struck between England and the US, the British ship Lusitania was set up to be sunk by a U-boat operating in the North Atlantic near Ireland.

10. What portion of the U.S. debt did a large portion of the tax dollar pay for?
(a) The U.S. debt continued to grow with a large portion of tax dollar going into paying only the interest on the debt.
(b) The U.S. debt continued to grow with a large portion of tax dollar going to US war efforts.
(c) The U.S. debt continued to grow with a large portion of tax dollar going to entitlement programs.
(d) The U.S. debt continued to grow with a large portion of tax dollar going into paying the principal on the debt.

11. After the 1950s, what was the standard of measure used to estimate the US debt?
(a) The debt was measured in zillions of dollars.
(b) The debt was measured in millions of dollars.
(c) The debt was measured by the gold standard.
(d) The debt was measured in trillions of dollars.

12. What was the goal of the secret society founded by Lord Alfred Milner?
(a) A secret society, founded by Lord Alfred Milner, had as its goal the eradication of disease and hunger.
(b) A secret society, founded by Lord Alfred Milner, had as its goal the dominance of the world through money controls.
(c) A secret society, founded by Lord Alfred Milner, had global peace as its main goal.
(d) A secret society, founded by Lord Alfred Milner, had as its goal the democratization of the entire world.

13. What was really behind the Russian Bolshevik Revolution?
(a) The Russian Bolshevik Revolution was not a revolution of and for the people, as history usually asserts, but the manipulations of foreign interests.
(b) The Russian Bolshevik Revolution was not a revolution of and for the people, as history usually asserts, but the manipulations of a handful of financiers.
(c) The Russian Bolshevik Revolution was a revolution of and for the people.
(d) The Russian Bolshevik Revolution was not a revolution of and for the people, as history usually asserts, but the manipulations the Axis Powers.

14. How many revolutions did Russia actually undergo?
(a) Russia went through five revolutions.
(b) Russia went through three revolutions.
(c) Russia went through two revolutions.
(d) Russia went through seven revolutions.

15. Early banks were supported by what monetary system?
(a) Sometimes the banks were on a gold system, but most often they went to a silver-backed money system.
(b) Sometimes the banks were on a gold system, but most were backed by other commodities.
(c) Sometimes the banks were on a gold system, but most often they went to a fiat money system.
(d) Sometimes the banks were on a gold system, but most often they were backed by their governments.

Short Answer Questions

1. What event sparked the conflicts that led to World War I?

2. What disagreement did Alexander Hamilton and Thomas Jefferson have about a central bank?

3. What is the Rothschild Formula?

4. What does the author predict for the U.S. economy?

5. What dispute did President Andrew Jackson have with the leader of The Second Bank?

(see the answer keys)

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