Idea Ripper // ArchiveCards: 1555 [Live] | Updated: 2026-10-14
Card #c40IR // #c40Synthesis

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.

— In our words · Source: Tragedy and Hope (Carroll Quigley)

[Use when]

When central bankers meet in Basle and markets move on the minutes — this is the architecture Quigley described.

[Why it matters]

Quigley's most-quoted claim, stated as the bankers' own program: not conspiracy theory but institutional design — private, feudal, coordinated through central banks, apexed at the BIS in Basle.

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