Hugo Salinas Price Explains That It Is the International Bankers Who Rule Us
On the Source of Authority by Hugo Salinas Price
For the sake of brevity, and because this is not a scholarly article, but only an examination of a theme that must be treated in as few words as possible, it is necessary to make some sweeping generalizations.
From the dawn of History and up until relatively recent times, humanity was governed by kings whose will was law; kings were supported by priesthoods who affirmed that the royal power was divinely instituted. Thus, kings were regularly regarded by their subjects as semi-gods.
One of the exclusive rights which kings have enjoyed throughout history was the creation of money. Historians attribute to Croesus, king of Lydia (a region of what is now Turkey) the minting of the first gold coins, which he used as an incentive to get his soldiers to fight. This was sometime around 500 BC.
Gold, and not silver, was the first money used by humanity, because gold was found abundantly in almost pure form in some river beds, whereas silver had to be obtained by processing silver-bearing ores, an activity that came later. Today, small amounts of gold can still be found in river beds.
In antiquity, the production of gold and silver money was considered a sacred activity to be carried out by a priesthood. For instance, Julius Caesar (100 – 44 BC) obtained his first political post, as Pontifex Maximus i.e., “High Priest” in charge of the Roman mint.
The divine right of kings to rule was unquestioned up until the end of the Middle Ages in Europe. The kings of France for centuries had become kings by the ceremony of Anointment with a holy balm, applied to them in a solemn ceremony at the Cathedral of Reims.
The introduction of the invention of printing in Europe, by Gutenberg in 1452 initiated the massive reading of books, which had previously been the privilege of the priesthood and of the wealthy, who had been able to purchase small numbers of very expensive, hand-written books.
One of the consequences of this reading of books was that the authority of the Roman Catholic Church began to be questioned by some thinkers,