The powers of financial capitalism had another far reaching aim, - TopicsExpress

The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences. The apex of the system was the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the worlds’ central banks, which are themselves, private corporations. (Professor Carroll Quigley of Georgetown University, Tragedy, and Hope: A History of The World in Our Time) 32

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