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NOTE 40. Conclusion to Part II

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Conclusion

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The financial elites of this country, notably the Morgan, Rockefeller and Kuhn-Lebb interests, were responsible for putting through the Federal Reserve system, as a governmentally created and sanctioned cartel device, to enable the nation's banks to inflate the money supply in a coordinated fashion, without suffering quick retribution from depositors or note holders demanding cash.

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Recent researchers, however, have also highlighted the vital supporting role of the growing number

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of technocratic experts and academics who were happy to lend the patina of their allegedly

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scientific expertise to the elites' drive for a central bank.

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To achieve a regime of big governments and government control, power elites cannot achieve

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their goal of privilege through statism without the vital legitimizing support of the supposedly

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To achieve the Leviathan state, interests seeking special privilege and intellectuals

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offering scholarship and ideology must work hand in hand.