" When Napoleon took over the reins of France in 1804, he lowered taxes and took over the creation of the money supply. Only Russia and France were not under the control of the central banking system at that time. The UK and the rest of Europe and the US were under central bank control. People forget history and are doomed to be consumed by it. The “historic structures” from recent centuries are still with us."
So how did Napoleon took over the creation of money supply? Well, by creating, you know it, the Bank of France.
From the Internet. ... the Banque de France was established by Napoleon in 1800 to stabilize the currency after the hyperinflation of paper money during the French Revolution, as well as to aid in government finance. Early central banks issued private notes which served as currency, and they often had a monopoly over such note issue...
"Without the problem of central bank control in France, the country thrived under Napoleon, and the currency soared in value. Infrastructure spending was financed by the Banque de France and the country developed at a furious pace.
That is, under the discrete dirigisme of the state the Bank of France lent money to the state for infrastructure projects and the country developed. Yes, you got it right, no other than the Bank of France, the French government banker created by Napoleon.
"Napoleon was defeated and Nathan Rothschild had a network that informed him of this; a full 24 hours ahead of the financial markets in London. He beganselling which started a panic on the UK debt which was already at a discount from high debt levels fighting Napoleon. Once the price was low enough his agents startedto scoop up the panic offers and then Nathan stepped in and bought evenmore. He had taken control of the UK debt that day. In the end the central bankers had funded wars against Napoleon to weaken him AND the UK government from whichcontrol of both was achieved along with a massive profit."
From the internet, ...financial power in France was in the hands of fifteen Haute Banquiers, when the shareholders' meeting ratified the appointment of a “Council of Regency” composed of: Jean-Frédéric Perregaux, Guillaume Mallet, Jean-Barthélémy Le Couteulx de Canteleu, Joseph Hugues-Lagarde, Jacques-Rose Récamier, Jean-Pierre Germain (died 1803), Carié-Bézard, Pierre-Léon Basterrèche, Jean-Auguste Sévène, Alexandre Barrillon, Georges-Antoine Ricard, Georges-Victor Demautort, Claude Perier, Pierre-Nicolas Perrée-Duhamel, Jacques-Florent Robillard and Jean-Conrad Hottinguer.These high bankers were deeply involved in the agitations leading up to the French Revolution. When the revolutionary violence got out of hand, they orchestrated the rise of Napoleon, whom they regarded as the restorer of order. As a reward for their support, Napoleon, in 1800, gave the bankers a monopoly over French finance by giving them control of the new Bank of France (Banque de France). Banker Claude Périer drafted the first statutes and Emmanuel Crétet was the first governor. For the first fifteen years it was the sole issuer of bank notes in Paris, and this privilege was extended to other financially important cities and the rest of the country by 1848.[6]...
You may ask now, what was the difference between Rothchild and the Haute Banquiers? Rothchield was jewish while at least apparently the 15 Haute Banquiers were not.
By the way, how did the USA and China managed to prosper economically to become what they are today while operating under central bank monetary intervention policies?
From the internet. ... Napoléon Bonaparte[a] (15 August 1769 – 5 May 1821) was a French military and political leader who rose to prominence during the French Revolution and led several successful campaigns during the Revolutionary Wars. He was the de facto leader of the French Republic as First Consul from 1799 to 1804..."
