Showing posts with label Christopher Columbus. Show all posts
Showing posts with label Christopher Columbus. Show all posts

Sunday, October 12, 2014

Christopher Columbus: Bankrupting an Empire








Happy Columbus Day! Millions of people throughout the world will commemorate the arrival of Christopher Columbus in the New World.

Media outlets generally don't shy away from exposing the truth about this American hero and most people who educate themselves outside the propaganda vacuum of public schools know that in the 21st century the man would be put on trial for crimes against humanity - well, unless he managed to reach the summit of political power.

There is, however, one aspect of Columbus' sins that gets ignored.

When he set sail for what turned out to be the American continent, he carried with him the commandment of King Ferdinand of Spain: "Get gold, humanely if possible, but at all hazards - get gold!"

In his lust for gold, Columbus robbed and forced the local population of the newly discovered land to work in his gold mines, slaughtered the opposition and became the progenitor of the transatlantic slave trade - girls as young as 9 years old were sold into sexual slavery.

The acts of genocide committed by Columbus and his successors filled up the coffers of the Spanish Crown with stolen gold, making the ruling class of the country fabulously wealthy.

As the stolen gold made its way into the Spanish economy, prices began to skyrocket. Inflation was rampant because the gold supply was radically expanded, yet the volume of produced goods didn't change. Prices in Spain went up by 250 percent in the 16th century alone.

The Spanish Empire slowly collapsed under its own greed, ultimately becoming the first country to default on its sovereign debt - Philip II of Spain declared bankruptcy four times in the span of less than 40 years. The economic destruction wasn't limited to Spain - it gradually spread throughout Europe as the Spanish began importing goods that their crippled economy couldn't produce.

The Spanish economic catastrophe brought about by the slaughterhouse import of American gold lasted for 400 years.

Historians termed this period of runaway inflation "the Price Revolution." As one scholar pointed out: "The influx of precious metals into Europe precipitated one of the greatest price revolutions occurring on a specie basis in modern times, if not in all history." He wrote this in 1929 so he didn't get to see what would become of the post-World-War-II world economy.

So next time a politician tells you that oil - the black gold - and other resources acquired through war are a good justification for violence, remember the lesson of 16th century Spain.

The gold that was supposed to make people rich ended up bankrupting everyone who touched it.

Violence always achieves the exact opposite of its stated goals.

Sources:
http://www.thetimes.co.uk/tto/busines...
http://nativeamericanhistory.about.co...
http://www.efficientfrontier.com/file...
http://wiki.mises.org/wiki/Price_revo...
http://eml.berkeley.edu/~webfac/crome...
http://en.wikipedia.org/wiki/Sovereig...

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

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UNKNOWN

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The Tax you pay is The Bill for Staying Stupid

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The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
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This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


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UNKNOWN

Taxation is legalized Theft
UNKNOWN

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Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

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Steve Quayle


Po
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The modern definition of racist is someone who is winning an argument with a liberal
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GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
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The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
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No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
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Freedom is not Free
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Don't Steal The Government Hates The Competition

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"Buy The Rumor , Sell The Fact " Peter Schiff


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" The Government Works for ME , I do not answer to them They Answer to ME "
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"The Government is not The Solution to our Problems , The Government is The Problem "

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"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

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Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

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The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
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UNKNOWN

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“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN