Category: International Finance

• The "Gold" Drain

  This theory claims that British financial interests were quietly drawing gold out of the United States in the early twentieth century in order to build the foundation of a future supranational monetary institution, later retroactively identified as a kind of "world bank." The theory draws on genuine transatlantic gold movements, wartime bullion shipments, and the rise of international central-bank cooperation. In conspiracy form, those developments are interpreted not as normal features of the gold standard and war finance, but as deliberate steps toward an internationalized banking order built at America’s expense.