One of the oldest currencies in the history of mankind is the British Pound going all the way back to Anglo Saxon times in the 8th Century A.D. “. . . From 760 onward till around 1158, pennies were made from the finest silver that the Crown could get, as opposed to today’s pennies made from copper or metal. The sterling pound (in French: £ivre Sterling), in terms of the word was introduced in 1158 because over 90% of it was made from silver itself. The first gold noble coin was introduced into Britain in 1344. The shilling was introduced in 1487, while a new version of the pound was revealed in 1489. As you can see the changes from the 760 to the 1489 shows how quick currency has evolved as the monarchy asserted itself as the leader of how currency should be used. Gold has always been an important part of British currency history as in this period; it was also used to finance whatever was needed in the country by the aristocracy and the gentry . . .” credit: peachy.co.uk
By the end of the 19th century, after Germany finally clobbered France in the 1870-1871 Franco-Prussian war, the newly created German Empire started reuniting under Kaiser Wilhelm II’s leadership (1888 to 1918), thus creating an economic threat to globalists empire-hungry Britain and France. As a reaction to this German-Austrian trade threat aka trade war, Britain, with its Merchandise Marks Act of 1887 gave birth to the “Made in Germany” label. “. . . This label was originally introduced in Britain . . . to mark foreign produce more obviously, as foreign manufactures had been falsely marking inferior goods with the marks of renowned British manufacturing companies and importing them into the United Kingdom. Most of these were found to be originating from Germany, whose government had introduced a protectionist policy to legally prohibit the import of goods in order to build up domestic industry.”
The British Law “Made in Germany” was initially supposed to achieve two things:
- Stamp imported German products as third rated and of inferior quality
- Promote “British Craftsmanship” to British citizenry
Today, very few Germans acknowledge the fact that Germany owes the “Made in Germany” world renowned stamp of quality, which initially was intended as a stamp of third-rateness to Britain. By the late 19th century, Britain had become an industrial cul-de-sac or a business dwarf compared to the newly created German Empire and its 1882 Triple Alliance with Austria and Italy.
It was the German economy that threatened Britain and France prior to the start of World War One and certainly not the other way around as French and British history books would like us to believe. It was Britain that was becoming a bankrupt “World Empire” as British Gold’s supplies (British Pound backed up by Gold until 1914) were melting like snow in the sun, to the profit of Germany’s economy, which became a vital threat to the British economy.
As an important footnote, it is worth noticing that Britain had enjoyed a British Pound, first backed up by silver and later on by gold until the gold standards were removed in 1914. By the end of the 19th century Britain’s economy was going from bad to worse, forced to borrow from its Central Bank aimed at financing a much needed war that should finally destroy the strength of the German economy. Due to an inequality of trades between Britain and Germany, the new kid around the block. Britain was losing much of its gold prior to 1914, Britain had lost so much gold due to inequality of trade between Britain and the German-Austrian new kid around the block thus threatening the British Empire to its very core. Why did France, Britain and France, via the Dictate of Versailles, claimed 132 billion gold marks or USD 450 billion in today’s dollars? Did you catch this? Gold Marks not paper money as issued by the Bank of England since its inception in 1694: the reason being Britain’s five centuries of ongoing wars with France, from the Hundred Years War in 1337 culminating into the 1815 Napoleonic war and the deplorable French defeat during the Waterloo campaign.
Anti-Germanistic feelings have often been expressed by the duplicitous France but also hypocritical Britain. “Even today, American and British media concentrates what scant attention it bestows on anything German almost completely from a negative perspective until the point where the very word “German” is synonymous with ‘bad.’ German historical figures of greatness are rarely mentioned or their contributions are ignored, “misappropriated” or minimized. We are subjected to hundreds of dated British serials and sit-coms on public television which obsess about evil ‘Germans.'” Source: www.revisionist.net
Let’s take a quick look at the British Automobile industry. Is there such a thing? Where are the fine “Made in Britain” Automobiles such as Daimler Benz, BMW (Bayerische Motor Werke), Audi, Volkswagen (VW) and Porsche? Where do we “Made in England” craftsmanship in the 21st century? Could it be that Pre-WWI Britain became so fearful about “inferior” imported German products that Britain’s elite planned the utter destruction of Germany? Outrageous mind you say? Well let Geopolitical News remind you of World War I and II veteran and co-conspirator of the Lusitania’s sinking by the Germans, : Winston Churchill’s quote about the Germans:
It is worth remembering that by the 1880’s Germany had caught up with the wealth of the Industrial revolution (that took place in the protestant world and not the catholic world) to surpass the length of railroad tracks in both Britain and France, German Hapag Lloyd started challenging the British navy, which was one of the main reason why Britain constructed the fastest sailing vessel at the beginning of the 20th century: the Lusitania, (Part One and Part Two) which later was transformed into a warship by the British Navy and sunk by a German U-Bot in 1915.
Just as Pre-WWI Britain and France were struggling with their economies, threatened by the industrial German “outre-Rhin” (outre-Rhin: accross the Rhin) powerhouse, today, London, Paris and Washington are again losing their industrial footprints and financial credibility, not only towards China (manufacturing most Western goods) and Russia (owning raw materials) but also industrious and thrifty Germany.
Slowly but surely, the US Dollar, which became the world reserve currency thanks to the 1944 Bretton Woods Agreements, is dying of a slow death as reflected by crude oil price and its Petrodollar introduced to the Saudis in 1974 following an oil crisis induced a year earlier by U.S. Envoy Henry Kissinger, that catapulted a quadrupling of oil prices from three US Dollar to twelve US Dollar a barrel.
(to be continued…)