View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What did the USSR implement instead of true Communism?
(a) The USSR never implemented true Communism but became a money-making machine for the secret money society that had turned into several branches called Round Tables.
(b) The USSR never implemented true Communism but became a money-making machine for those trying to establish a quasi-capitalist system of government.
(c) The USSR never implemented true Communism but became a money-making machine for the secret money society that was controlled by the United Nations.
(d) The USSR never implemented true Communism but became a money-making machine for the Axis powers.

2. 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.

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

4. What realistic scenario was discussed in Chapter 26 involving the U.S. monetary system?
(a) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on silver, with platinum as an auxiliary reserve.
(b) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on gold, with silver as an auxiliary reserve.
(c) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on platinum, with gold as an auxiliary reserve.
(d) The realistic scenario described in Chapter 26 involved what could happen if the U.S. were to abandon fiat money and go back to money based on silver, with gold as an auxiliary reserve.

5. What restrictions were placed on the Bank of Amsterdam which was established in 1609?
(a) In 1609 the Bank of Amsterdam was formed and restricted from using over twenty percent of its revenues for loans.
(b) In 1609 the Bank of Amsterdam was formed and restricted from making more loans than the deposits it received.
(c) In 1609 the Bank of Amsterdam was formed and restricted from making loans with its deposits.
(d) In 1609 the Bank of Amsterdam was formed and restricted from taking foreign deposits.

Short Answer Questions

1. Why did governments favor banks based on a fiat money system?

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

3. What do some radical conspiracy theorists believe about the 9/11 attacks?

4. The Rothschilds financed the conflict in which what historic leader was defeated by England?

5. How did large banks react to the Federal Reserve Act?

Short Essay Questions

1. In Chapter 11, what place in history does the Rothschild family hold?

2. According to Chapter 13, what was the goal of the secret society founded by Lord Alfred Milner?

3. In Chapter 23, what was the real cause of the Great Depression of the 1930s?

4. According to Chapter 13, what was really behind the Russian Bolshevik Revolution?

5. According to Chapter 24, what decade marked the beginning of a tremendous surge in U.S. debt?

6. What realistic scenario was discussed in Chapter 26 involving the U.S. monetary system?

7. According to Chapter 17, what dispute did President Andrew Jackson have with the leader of The Second Bank?

8. In Chapter 9, what restrictions were placed on the Bank of Amsterdam which was established in 1609?

9. According to Chapter 25, what did the author predict for the U.S. economy?

10. According to Chapter 18, what impact did stable banking practices have?

(see the answer keys)

This section contains 1,220 words (approx. 5 pages at 300 words per page) View a FREE sample