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

Multiple Choice Questions

1. What fraudulent global threat was invented to bring the entire world together?
(a) What developed as the global threat was poverty.
(b) What developed as the global threat was communism.
(c) What developed as the global threat was environmentalism.
(d) What developed as the global threat was capitalism.

2. Why was the use of fiat money disallowed in the United States?
(a) The reason the framers of the Constitution elected to eliminate fiat money was because rampant deflation had recently occurred, and the pain of that was still fresh in the framers' minds.
(b) The reason the framers of the Constitution elected to eliminate fiat money was because rampant inflation had recently occurred, and the pain of that was still fresh in the framers' minds.
(c) The reason the framers of the Constitution elected to eliminate fiat money was because a bank run had recently occurred, and the pain of that was still fresh in the framers' minds.
(d) The reason the framers of the Constitution elected to eliminate fiat money was because a severe economic downturn had recently occurred, and the pain of that was still fresh in the framers' minds.

3. What was the real cause of the Great Depression of the 1930s?
(a) The Great Depression was caused in part by government intervention in wage and price controls and by subsidizing farmers and public works projects.
(b) The Great Depression was caused in part by government intervention into state banking systems.
(c) The Great Depression was caused in part by global instability caused by the threat of world war.
(d) The Great Depression was caused in part by the lack of US Congressional oversight in the actions of the Federal Reserve.

4. What was the role of the British Ship Lusitania in World War I?
(a) The Lusitania was being used to transport soldiers from the US to England under the guise of a passenger liner that also hauled goods.
(b) The Lusitania was being used to transport tanks from the US to England under the guise of a passenger liner that also hauled goods.
(c) The Lusitania was being used to transport munitions from the US to England under the guise of being a cargo ship.
(d) The Lusitania was being used to transport munitions from the US to England under the guise of a passenger liner that also hauled goods.

5. The Bank of North America was disbanded after what event?
(a) At the end of World War I, The Bank of North America was disbanded.
(b) At the end of the Revolutionary War, The Bank of North America was disbanded.
(c) At the end of the Spanish American War, The Bank of North America was disbanded.
(d) At the end of the Civil War, The Bank of North America was disbanded.

6. When did governmental typically find it necessary to print more paper money?
(a) Governments simply printed more money when needed, usually during political unrest.
(b) Governments simply printed more money when needed, usually during legislative battles.
(c) Governments simply printed more money when needed, usually during times of war.
(d) Governments simply printed more money when needed, usually during economic downturns.

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

8. What occurred after the Second Bank of the United States was created?
(a) The Second Bank of the United States was created in 1816 and created a booming economy.
(b) The Second Bank of the United States was created in 1816 and introduced the boom-bust cycle.
(c) The Second Bank of the United States was created in 1816 and caused a period of deflation.
(d) The Second Bank of the United States was created in 1816 and caused inflationary conditions.

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

10. 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 from the middle of the eighteenth century into the nineteenth.
(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 occurring after World War II through the Cold War years.

11. What were the sales of English and French war bonds used for?
(a) Most of the money from the sales of the war bonds were spent on Russian artillery.
(b) Most of the money from the sales of the war bonds were spent on uniforms and supplies for the soldiers.
(c) Most of the money from the sales of the war bonds were spent on German war materials.
(d) Most of the money from the sales of the war bonds were spent on American war materials.

12. What caused the economic downturn in 1818?
(a) In 1818 an economic downturn began as the IMF tightened loan requirements and shrunk the money supply by calling in old loans.
(b) In 1818 an economic downturn began as the banks tightened loan requirements and shrunk the money supply by calling in old loans.
(c) In 1818 an economic downturn began as the Federal Reserve tightened loan requirements and shrunk the money supply by calling in old loans.
(d) In 1818 an economic downturn began as the US Congress tightened loan requirements and shrunk the money supply by calling in old loans.

13. When was the Federal Reserve Act passed?
(a) The Federal Reserve Act passed by large majorities in Congress just before the stock market crash of 1929.
(b) The Federal Reserve Act passed by large majorities in Congress just before Christmas, 1913.
(c) The Federal Reserve Act passed by large majorities in Congress just before World War II commenced.
(d) The Federal Reserve Act passed by large majorities in Congress just after World War I ended.

14. What role did J. P. Morgan have in Milner's secret society?
(a) J.P. Morgan financed the sides of political struggles that agreed with his conservative views.
(b) J.P. Morgan financed the sides of political struggles that agreed with his liberal views.
(c) J.P. Morgan financed all sides of political struggles to boost his chances for elective office.
(d) J.P. Morgan financed all sides of political struggles so that no matter who won, that side would be beholding to him and his organizations.

15. 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 North Atlantic near Ireland.
(b) 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.
(c) In a deal struck between England and the US, the British ship Lusitania ambushed a U-boat operating in the North Atlantic near Ireland.
(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 Black Sea.

Short Answer Questions

1. What was the economic outlook in the U.S. following the Civil War?

2. What portion of the U.S. debt did a large portion of the tax dollar pay for?

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

4. What document did the author provide to support the idea of a conspiracy to destroy the U.S. economy?

5. What bank was The Bank of North America modeled after?

(see the answer keys)

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