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THE FORMULA
Let us imagine a man who is totally pragmatic. He is smarter and more cunning than most men and, in fact, holds them in thinly disguised contempt. He may respect the talents of a few, but has little concern over the condition of mankind. He has observed that kings and politicians are always fighting over something or other and has concluded that wars are inevitable. He also has learned that wars can be profitable, not only by lending or creating the money to finance them, but from government favoritism in the granting of commercial subsidies or monopolies. He is not capable of such a primitive feeling as patriotism, so he is free to participate in the funding of any side in any conflict limited only by factors of self-interest. If such a man were to survey the world around him, it is not difficult to imagine that he would come to the following conclusions which would become the prime directives of his career:
1. War is the ultimate discipline to any government. If it can successfully meet the challenge of war, it will survive. If it cannot, it will perish. All else is secondary. The sanctity of its laws, the prosperity of its citizens, and the solvency of its Treasury will be quickly sacrificed by any government in its primal act of self survival.
2. All that is necessary, therefore, to ensure that a government will maintain or expand its debt is to involve it in war, or the threat of war. The he greater the threat and the more destructive the war, the greater the need for debt.
3. To involve a country in war or the threat of war, it will be necessary for it to have enemies with credible military might. If such enemies already exist, all the better. If they exist but lack military strength, it will be necessary to provide them the money to build their war machine. If an enemy does not exist at all, then it will be necessary to create one by financing the rise of a hostile regime.
4. The ultimate obstacle is a government which declines to finance its wars through debt. Although this seldom happens when it does, it will be necessary to encourage internal political opposition insurrection. Or revolution to replace that government with one that is more compliant to our will. The assassination of heads of State could play an important role in this process.
5. No nation can be allowed to remain militarily stronger than its adversaries. For that could lead to peace and a reduction of debt. To accomplish this balance of power, it may be necessary to finance. Both sides of the conflict unless one of the combatants is hostile to our interests and therefore must be destroyed. Neither side should be allowed a decisive victory or defeat, while we must always proclaim the virtues of peace. The unspoken objective is perpetual war.
pg. 229-230 #TheCreatureFromJekyllIsland