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There are historical facts that are known practically to everyone. There are historical figures familiar to every pupil. Yet it is enough to probe just a bit deeper about one of these well-known events or personalities and it turns out that we are completely ignorant of that. Here is an incontrovertible fact – the French monarchs inherited crown from one another. For a very long time all of them were called Louis. The name remained the same – only the ordinal number of the king changed. The most famous Louis (and the most famous French king generally) was Louis XIV. It was he who bore the title of the Sun King and who built the famous series of palaces and gardens, Versailles. It was him, who Dumas described in his novels as having put an iron mask on his twin brother. It was him, who as a boy d'Artagnan and the three musketeers defended from the intrigues of the cardinal. And some years earlier these four protected his mother – Anne of Austria – from another cardinal – Richelieu.

He was the most 'branded' French monarch, to use the modern show-business parlance. He is featured in literature and cinema, his mistresses are talked about in TV programmes. Yet the real life of the Sun King was so exciting and unbelievable, that Dumas's stories are by comparison just a collection of dull, bleak stories, and it is about this most exciting part of the monarch's life that historians and novelists are tight as a clam.

Museum guides on the other hand say a lot about the Sun King to their tourists, to everyone who visits the beautiful Versailles and wonderful Paris. So, what do they say?

The King lived in the lap of luxury and pursued invasive wars. Well, that does not say anything special about him, for in those times everyone fought wars and everyone tried to surround themselves with at least some luxury. Those who are better educated will make an obligatory remark, that Louis the XIV ruled for a very long time – for over 70 years. Even the reign of 'comrade Stalin in comparison with Louis was nothing but a one-reeler. So, generations changed, children became parents, grandchildren were born, and the King remained on the throne, as an eternal and irremovable symbol of power. Here we should recall his famous maxim: L'État, c'est moi' ('I am the state').

And now I am going to ask you a question, dear reader. What is the relation of Louis XIV to his immediate successor on the throne – Louis XV? I have presented this question to many people. So far, nobody has given me the correct answer. It would seem that no question could be easier. We all know this king, we know Versailles, and we have a general idea of the French history. The most common answer is that he was his son. Those who realise that there must be a catch in the question try to grope for the right track and reply 'grandson'. Wrong. Then one normally replies: 'Nephew'. Still wrong. Then, finally, they make a desperate guess – 'he is not related to Louis XIV'. And that is wrong, too.

The throne of Louis XIV, the politician, who established the most powerful state, the statesmen, who was in control of the country for seventy two years, was inherited by his great-grandson. And mind you, the Sun King was not childless, and neither were his children. Yet it was only one of his great grandsons who inherited the throne. What happened to all the in-between heirs? Why did nobody reflect about the reasons of such strange events?

I am very often surprised by the fact, that historians for some reason persistently refuse to understand the real springs of action that shape the discipline they study. They will not compare the dates of various events, to coordinate them, as criminologists do as they try to solve a case. I speak of motives, coincidences, indirect evidences. These are the three pillars that all criminal investigations are based on. And we are going to conduct such an investigation right now. Let us study the history of that period and try to comprehend what happened to the family of the 'Sun King'. It is important, because the decline of his family coincided with the first, even if tentative blossom of the 'money printing device', which is now dominating nearly all over the world. And at those times this invention was just talking its first steps towards establishing worldwide hegemony. The monster had just hatched. And the family of Louis XIV was one of its first victims…

Money is power. Whatever your attitude towards money may be, you cannot deny the fact. And who could be more aware of the fact than those by nature of their occupation submerged in the world of jewellery and gold? In different times bankers existed under different names: in the ancient world they were called money changers, then jewellers and merchants. Let us call them bankers. Just like any other human beings bankers had a dream. They dreamed of obtaining a boundless source of power and wealth. Similar dreams captivated the alchemists and warlocks who desired to discover the secret of turning cheap metals into gold. In the end, they failed: the science of alchemy was abandoned as it brought no results giving way to modern chemistry. The warlocks were burnt at the stake while bankers happened to be luckier. They managed to get a true recipe of making gold out of nothing. As one cannot get around the laws of nature, the task was not to create gold itself but to endow some other things with the qualities of gold. Not only to use gold and silver as currency, but to elevate money to some extra value which is not the same as that of some metal. And – as a result – to substitute gold with paper money, that would be conceived by bankers themselves.

The idea was in the air. In the middle ages bankers stored gold of some, and lent this gold to others. Besides, they overtook – for a small reimbursement – another bank function: the payoff one. Gold does not necessarily need to be carried from one place to another. All one needs is just a bank-bill, i.e. the document reading that the presenter has the guarantee to get a certain amount of gold from the banker who issued the bank-bill. A piece of paper is more comfortable to travel around with than a sack of gold, is it not? All the more so as the world was rather volatile in those days. Having presented this document, one could get gold from the banker in the other town without risking precious metals. All you have to do is the following: you give your gold to the banker against a warrant, then you present this warrant to the banker in the other town as a paying means for the goods you need. It is practical and secure.

And what the banker gained was a unique possibility to issue more 'gold warrants, than he could back by real gold in his storages.

Who could check how much he had altogether? Who could know how many depositors stored their gold with the banker, and how much gold he owned himself? Who could check how many borrowers had borrowed gold? How much was left? Miraculous opportunities revealed. Only one situation was to be avoided, and it is also catastrophic for any bank today. It is the situation when all the depositors at once come to take their money back. The bankruptcy is in this case inevitable because it would be clear at once that the banker had issued more warrants than he had real gold. That he simply cheated.

The more paper warrants that were given by the banker to his clients, the higher was the risk, the risk of being disclosed. Apart from this danger there was another one – the idea seemed to be far too simple and elegant. Someone else could be exactly as clever. And this mastermind could have begun 'cheating' himself, or, if his authority were sanctified, he could have beheaded the sly bankers and put up their shutters once and forever.

This genial gamble required some solid protection which was invented by an unknown banker. A force was needed that would defend and would stand up for bankers. As a matter of fact bankers, having invented such a simple method to create money out of nothing, entrenched upon the millennial foundations of economics, where the values had always been real. He tempted the soul of humankind. He began to lend credence. Credence in that some gold is reserved under a warrant, credence in that a banker can always meet a bill with the yellow metal. In reality this credence proved to be enough, it turned out that it is not necessary to have that much gold – it is enough to have faith that this gold is really there. Today's economics are based on this very principle. Have you not heard in major TV and radio news, the expressions 'investors trusted in the USA's economics' or 'traders trust in the fast recovery of the Eurozone'? What is that? That is faith, nothing more. With a helping hand of bankers modern economics has stopped being a science and turned into a religion. And in the Middle Ages it was dangerous to trifle with faith…

So, the 'inventors' of getting money out of nothing needed some armed shelter. The gains involved were enormous, the opportunities for the bankers were far too tempting. Without the support of the state 'money changers' would never stay afloat. And they shared their idea. With whom? To clarify this question it is enough to check, where and when the idea of bankers was implemented on the state level.

The first organization to 'make money out of nothing' was the Bank of England. Let us do justice to the Englishmen – it was on their territory where the first private currency issuing centre was created. It happened nearly 300 years before the US Federal reserve system was established. So, the bankers shared their idea with the Royal Family of England. Yet after the juxtaposition of facts and dates one gets an impression that the Albion became the cradle of private money issuing… not quite voluntarily.

'The Bank of England was founded in 1694 to act as the Government's banker and debt-manager.' This is written on the official website of the Bank of England. According to the official version, this is how it happened. Due to the numerous wars, the Royal Treasury was empty by 1690. In 1693 a Chamber of Commons Committee was established in order to find ways of obtaining extra money. At the same time, a certain financial expert from Scotland called William Paterson appeared out of nowhere and offered a solution for the financial deficiency problem[47]. For this favour he did not ask for a soul as Mephistopheles would, but called for the establishment of the Bank of England, creating the first private issuing centre in the world which would not issue bank warrants but actual state money.

As you can see, bankers used mimicry and disguise from the very beginning. Even the first agency to make money out of nothing already bore a proud name which clearly referred to the governmental nature of the institution. But the Bank of England was private, and its shareholders were bankers and the King.[48] The budget deficiency was eliminated by issuing paper and not golden pounds sterling. A public subscription to a loan of 1,200,000 pounds was announced; subscribers formed a privileged company which was given control over negotiations regarding all the subsequent loans. The list of subscribers was filled within ten days'.[49] It is this 'privileged company' that became the mysterious group of people that managed to gradually impose their rules on the rest of the world over the next several centuries. Yet they could have failed. But for a start they guaranteed the new paper bills of the Bank of England and that they could have been exchanged for gold. However, if we look at the dates and the circumstances of establishment of the Bank of England more closely we might have doubts about it all happening smoothly and amicably.

The king who agreed to establishment of the Bank of England was William III, Prince of Orange. The thing is that he ended up on the English throne as a result of a coup d'etat[50] which took place six years before the Bank was founded. While still ruling over the Netherlands, in 1688 William received a secret letter (!) from England with an offer to overthrow James II and take the throne[51]. On the 5^th November 1688 he disembarked on the shores of England together with an army and set off to London[52]. These were hired warriors and they consisted entirely of foreigners with the exception of some English ex-pats. William III became the king almost effortlessly. Dethroned James II fled to France while the new king started negotiations with those who, most likely, sponsored him to hire his army.

The money also served to pay for the sudden loyalty of the leaders of the English army. As a matter of fact, the invading troops were immediately joined by the nobleman who was in command of James's army. One of this man's descendants became one of the most distinguished politicians in the world history – his portrait with a cigar in his mouth is familiar to everyone. This heir and descendant is Sir Winston Churchill[53]. No one is going to say that the title of the Duke of Marlborough, proudly carried by the Churchills today, was conferred to their ancestor for a betrayal. It turns out, however, that John Churchill who was commanding James's troops changed sides and joined William Prince of Orange and, thus, determined the future of the country. It is from the new king that he got his title – the Duke of Marlborough. Can we be quite sure that he did not get anything else as a reward?[54]

The new king started a new period of economic growth in England. Here we should ask ourselves one thing: why was it during this new reign that the British economy started to prosper? The people had been working like mad before but their living standards were not any different from the rest of Europe. In the middle of the 17^th century, for example, England produced 4/5 of all the European coal. Metallurgy developed a lot during the period. So did shipbuilding, potter trade and hardware manufacturing. But production of fabrics turned out to be a real national craft for England. Export of fabrics accounted for 80% of the total export.[55] Britain also went as far as prohibiting export of wool which had been exported before and thus became a country which supplied external markets with finished woollen goods.[56]

These goods, however, did not make the English rich. The country's economy was just another economy at the time. And all of a sudden there came prosperity. Contemporary British historians and politicians like William III a lot. And they tell us that it was during his reign that the Bill of Rights was passed which became the basis of the new political system of the country. This is a typical trick used by demagogues and manipulators – in order to prove a certain statement they simply omit some of the facts. They need to demonstrate that it is the Parliament and the system of elections and nothing else that brought prosperity to the Albion. People of today have a modern image of elections and they cannot picture them in a different way. And when they find out that back in 1690 England already had a democratically elected parliament they immediately realise that Russia was lagging behind by centuries. But actually we have nothing to worry about. Those who are trying to manipulate our opinions choose not to mention that there was no such thing as universal elections of a democratic parliament – only those who had at least 200 pounds in money or real estate had the right to vote.[57] And the country with a population of 20 million people had only 250 thousand who met the requirement. These were the gentlemen who voted, and a lot of those people made their fortunes by trading slaves and owned 'talking cattle', as slaves were called back then, themselves. Women were not to take part in the elections at all.[58]

What other good things are normally mentioned about King William? It was during his reign that the English East India Company was founded which later became an instrument of conquering and looting of colonies. But the English will turn to looting their colonies later, gold and diamonds from dependent lands will flow into the Empire later. But the country's prosperity started before all that. So, what was the economic miracle that took place in Britain?

The story of William's way to the English throne is rather dubious. He was helped by money and the betrayal he bought with it. Who could give him the required amount? Back then kings borrowed money from people whom these days we would call bankers. So, once in power, the King signed the Bill of Rights, a legislative act designed primarily not to grant universal and equal voting rights but to restrict the King's authority. It was not about freedom and democracy for everyone. British bankers and slave owners thought about no one but themselves. This was their protection against the King potentially changing his mind. Since, if we go deeper we can find information on the number of bankers who took part in the project called 'The Bank of England'. 'In 1694 forty merchants found the Bank of England'.[59] The number of partners is minimal and the temptation is great. Throughout the course of English history people were executed frequently and in big numbers. Forty merchants together with their relatives would not be a big problem. A plot is discovered, people are beheaded and their property is confiscated. And if there is no plot, it is just an insignificant detail. Three hundred years later historians would say that those were difficult times. There are conspiracies everywhere. Similarly, the founders of the new Bank were sent by the Catholic party and the French king in order to weaken England during the fight with its rivals.[60] And the king simply had to take severe measures…

However, history is indeed written by the victors. And the 'printing machine' has been striding successfully around the world for three hundred years since it was first used. And it has its own heroes. For example, American president Woodrow Wilson, who signed the decree on establishment of the American Federal Reserve System, is portrayed on the bill with the highest value in the world of 10,000 dollars. Contemporary British historiography likes William III too, for the fact that during his reign bankers achieved agreement with the royal power. He got funds for fighting for the throne and a share in the 'money printing machine' whereas they got a private emission centre in Britain. It was the first printing machine in the history of mankind that enabled its owners to conquer the world using its amazing features. And then, having conquered the world, to write history and make heroes out of those who made creation of such a machine possible. And dead heroes are always easier to deal with then living ones – they can be spoken for, explained for and they will put up with everything and remain silent. Similarly, King William III, apart from this dark story of coming into power, has a dark story of passing away. His death was just so well-timed…

But we will come back to it later. I would like to draw your attention, dear reader, to one particular fact. Great Britain remained the leading sea power for centuries until the baton was taken by another Anglo-Saxon nation – the USA. Incidentally, at the times when the Bank of England was founded Britain's military capabilities were lower than those of its primary rival. 'French marine forces in 1689 and 1690 exceeded those of England and Holland altogether'.[61] That means that Britain was far from being the Ruler of the Seas – back at the end of the 17^th century this title rightly belonged to France. French Corsairs based in Dunkerque ruined English trade completely.[62] Their English counterparts did not manage to achieve such results. In 1690 during the Battle of Beachy Head, the French defeated the English fleet having sunk twelve of their ships. Twenty ships more were exploded by the English crews themselves. Who remembers this defeat today? Instead, everyone remembers the greatest victory achieved by Admiral Nelson near Cape Trafalgar. How many ships did the heroic Brits sink in that epic batde? Just one![63] And seventeen more ships – led by French Admiral Villeneuve – surrendered. History is written by the victors…

And yet the English did take the lead in the size and capacity of the fleet. And it happened exactly at the beginning of the 18^th century. So, what was it that helped them? Let us remember what was required back then in order to build a great number of latest ships. Just as today, money was everything. A fleet is obviously an expensive thing to maintain. The cost of its construction exceeds the cost of developing land forces by many times. The exhausted English economy 'all of a sudden' found the enormous amounts of money required to build a fleet. Where from? It is the money derived from issuing paper money and using the secret bankers' know-how that was engaged to obtain military supremacy for the country where the printing machine took roots.

It is in that period that the main principles of the British policy were established – not to let another strong power appear in Europe and try to use others to fight. A lot has been written about it. But you will not find the main principle of the British policy in any reference books – not to let there be another strong emission centre. Always follow the same standing rule – your currency should be stronger, more reliable, more convenient, more in-demand than any other currency in the world. As early as the end of the XVII century the founders of the Bank of England understood something that everyone realised to be right only today. It is not a strong economy that makes a currency the strongest on the planet. On the contrary, it is a strong currency that makes the country's economy strongest. Make your money the most important money in the world and everything else will come to you itself. The conclusion is rather obvious – weakening rival countries is required to weaken rival currencies.

This is how the cooperation between clever and cunning financial experts and the British government started. Only after William III, Prince of Orange established the Bank of England, Great Britain as we know it appeared out of the mists onto the political stage. The country is called Great Britain, and was called such even before its greatness had been supported by an English know-how; destabilising the situation within rival countries. This is how Spain was defeated, and marine guerrillas from Holland – Geuzen – were based in English harbours. Later on, French Huguenots received weapons and money from England, which was well described in novels by Alexandre Dumas. And now another invention made by a cunning banker's mind added to this political ingenuity – printing money out of nothing. Financial wit and bankers' cunningness fit the English political tradition perfectly. All together they made a really explosive combination of that Anglo-Saxon political art that Great Britain used against its enemies, as well as against its friends, as a matter of fact. Since then the Anglo-Saxons have been following one rule in politics, and this rule is that there are no rules.

And here we should remember who the main enemy was for the English on the brink of the 18^th century. The answer is obvious – it was France. We will not get too deep in describing the endless wars between the French and the English on various continents and for various reasons. As an example, let us take only one of them – the War of the Spanish Succession. It was during this conflict that England managed to overcome France's power and took the leadership in the size and capacity of its fleet: 'This supremacy setdes and becomes obvious after the War of the Spanish Succession. Before this war England was one of the sea powers; after this war it became a sea power which knew no rivals'.[64]

Year 1702. The War of the Spanish Succession is on. This was the largest military conflict in Europe since the Crusades. The Sun King decided to put his grandson on the Spanish throne, which could have led to creation of a European super-empire – by means of merging two nations in one kingdom.[65] And a union of France and Spain was more than just dangerous for England. It would have meant an alliance of an old enemy which the British had been depriving of colonies and gold, that is Spain, and a new rival on the world arena, that is France. The first aim of such a new most powerful state would have inevitably been destroying Great Britain as a colonial power. The 'money printing machine' found itself in danger soon after it saw the light of day. In order to save the new-born it was required to use the whole range of tools available for money. And England immediately declared a war against France. As we remember, a lack of money in the treasury was one of the reasons why the Bank of England was founded in 1694. And as early as 1702 the English did not have the same problem anymore. Apart from incurring its own expenses, England also paid for military expenditures of Germany, Denmark and Austria. Admiral A. T. Mahan, a famous geostrategist and historian, wonders why France was depauperated and exhausted while England was jubilant and prospering. Why was it that England dictated the conditions of the treaty and France simply accepted them? The historian sees the reason in the difference between wealth and credit. France was fighting alone against several enemies risen and supported by English subsidies.[66]

But where did the English find such money and such opportunities to enlist practically all of Europe to start a war against Louis? The money just appeared. Itself. Out of nowhere. Out of nothing. The same writer says that despite being burdened with a debt which was far too considerable to pay back within a short period of time after a most excruciating war in 1697, already in 1706 instead of seeing the French fleet next to the British shores, they were already sending the strongest ships on annual offensive missions against the enemy.[67] Is this owing to economic miracles? No, miracles simply do not happen. The money for bankrupt England was provided by the Bank of England. France, on the other hand, did not have the money to buy the loyalty of other countries. That is why Savoy, who fought with the French at the beginning of the war, finished it on the side of London.[68] It was simply overbought. The English 'suddenly' had a lot of money. Not only did they manage to pay others to fight for them. They were even able to find enough money to fund the media. No, non-governmental organisations (NGOs) had not yet been invented, there were no 'human rights organisations' or 'independent journalists'. They had to use what they had at hand. And at the beginning of the 18^th century the only 'opposition' that existed in France included the Huguenots. They were opponents to the French government on account of their religion, so would nowadays be seen as real 'prisoners of conscience'. And it was exactly in 1702, when the War of the Spanish Succession broke out, that the Huguenots started a revolt in the French province of Languedoc. It will be known in history as the Revolt by the Camisards.[69]

France did not lag behind. A year after being dethroned by William, King James landed in Ireland, where the situation was quite the opposite: the English, who were Anglican, were oppressing the Irish, who were Catholics.[70] Louis, the Sun King, sent 7000 soldiers to Ireland in order to help him. But military luck favoured London and not Paris. The fight between France and England did not stop for a single day. When the USA started the War of Independence, a squadron of 'volunteers' led by Marquis de La Fayette immediately set off for America. These were military advisers and not awe struck youths or admirers of liberty. The French actively helped the rebellious Northern colonies to fight against their own archenemy. For example, Beaumarchais, the famous playwright who created Figaro, was at the time in charge of a front company called 'Rodrigo Gortalez' which was used to send weapons and ammunition to the New World.[71] At the first opportunity, in 1778, France recognised the sovereignty of the United States and signed The Treaty of Alliance with Washington. And only the retaliation blow of the English which caused a revolution in France itself put an end to this century-long dispute…

It is now time we remembered the mysterious events that took place in the family of Louis XIV. They started closer to the end of that very War for Spanish Succession which started seven years after the Bank of England was founded. The 'printing machine' could not make any steps further to the world hegemony without defeating the Sun King. At this point completely different methods had to be used…

Louis XIV was 73 years old. Nothing seemed to spell trouble. The first to die, on 13^th April 1711, was the King's son and the heir to the throne, Louis, Le Grand Dauphin. Smallpox was claimed to be the reason of his death. This story is very similar to that of the Russian Emperor Peter II, who allegedly entered a peasant's hut to have some water while hunting and contracted smallpox from a girl.[72] This atrocious disease was indeed a recurrent guest in Europe. There is only one contradiction – the Dauphin had smallpox when he was little,[73] and he died at the age of fifty. And, as is well-known, one cannot have this disease twice. Yet the heir to the French throne died within several days.

So, was it smallpox indeed? Or arsenic? Arsenic oxide, also known as white arsenic (As203), is perfect for crimes: diluted in water it has no colour or smell. It does have disadvantages – diluting it in water is rather difficult. But one does not need a lot: 60mg is a lethal dose. And, what is most important, the poisoning symptoms are very close to the symptoms of many diseases.[74] It is very hard to recognise an arsenic poisoning – apart from the digestive tract it also affects the nervous system and blood, causes mucous membranes and skin diseases. At the same time, some clever people tried to prolong their lives by licking a piece of arsenic gradually increasing the dose and thus getting insensitive to the 'favourite' poison of those times.

There are hundreds of stories of poisoning. Some of them remained mistaken for natural deaths until recently, and there are very significant and well-known people among the victims. Such is Napoleon Bonaparte. For your reference – one of the French emperor's fans of our times decided to make the reasons of his death clear. As you know, after the Battle of Waterloo Bonaparte surrendered to the English and was sent to the island of Saint Helena where he died of stomach cancer. There were, however, suspicions that he had been poisoned. In order to find out what the truth was, remaining Napoleon's hair was examined. Arsenic settles in tissues and as it accompanies poisonings, the examination would either prove or refute the poisoning theory. The results prove that the great French emperor was indeed poisoned with arsenic. The quantity of poison in Napoleon's hair is 38 times as high as the limit that a human body can withstand.[75] As of today, the fact that Bonaparte was poisoned is 100% certain but apparently books about this man will keep saying that he died of natural reasons for centuries. So, who poisoned him? He was poisoned systematically – Napoleon's death was not sudden. He was given poison repeatedly. I should remind you that Bonaparte was guarded exclusively by the English, and at the time he was the main enemy of the Albion who had managed to shake the world hegemony of Britain together with the world hegemony of the Bank of England.

And before Napoleon it was Louis XIV who was by far the most wanted villain for the Anglo-Saxons. And bacterial misfortunes started happening in his family with a surprising frequency. After the Sun King's son died of smallpox, it was his grandson, the Duke of Burgundy who became the heir to the throne. But he did not keep the title for too long. In early February, 1712 his young wife died in strange circumstances. She was in fever for several days. The princess could not sleep and doctors did not leave her for a moment. What was happening to poor Marie-Adelaide was unknown. Nothing would help her – neither blood-letting, popular back then, nor opium.[76] She was never properly diagnosed. The poor woman suffered so much that the heir was not even allowed near her so that he would not hear her shrieks. And later on, he was even asked to move to a different room as the princess was dying straight above his. On 12^th February 1712 the Duchess passed away. And several days later it was her heartbroken spouse, the heir to the throne, the Duke of Burgundy who was covered in spots. The pain all over the Dauphin's body soon became intolerable. According to himself, it felt like everything was burning inside him.[77] Six days later, on 18^th February 1712, the Duke of Burgundy died. The reason was unclear.

He left two infant orphans, one of whom became the heir to the French throne. And this time germs, bacteria and viruses demonstrated amazing selectivity. For some reason they aimed to attack only the heirs to the French throne. The five-year-old Duke of Brittany and his three-year-old brother, Duke of Anjou, fell ill just two weeks after their parents had died. Did they contract the disease from them? No, they did not. The children were diagnosed with scarlet fever whereas their parents died of a strange fever which looked like measles.[78] Can you see the logic? As soon as one becomes the heir to the throne, one gets fatally ill and will die imminently. Having been the heir for as little as 17 days, the infant duke died on 8^th March 1712.

This was the third heir of the 74-year-old Sun King who died within a short period of time. The three-year-old boy who got infected together with the heir hovered between life and death for several days and was considered hopeless. They say that the King ordered to find some sort of an antidote and, eventually, the child survived.[79]

Mathematics is a precise science. History surrenders here. To solve a mathematical problem we are given precise data, otherwise nothing will work out. In case of history we have altered and retold stories and no data whatsoever. Were the Sun King's relatives poisoned? To answer this question we need to know how many servants accidentally fell out of the window, quitted the job all of a sudden or drowned in the nearest pond around that time. How many cooks were hanged or died in the prime of their lives whilst on duty. Who of the court nobility and those who were close to the victims suddenly and mysteriously solved all their financial problems. How many Surgeons in Ordinary to the King choked on a steak or froze to death in the forest following an accidental fall off their horse. We need to know whether anyone else died in the Royal Palace or was the epidemic always confined to the heir to the throne. But we do not have that information at our disposal…

What would you do if you were an old king whose heirs are dying one by one? Would you become more cooperative during negotiations? The question is difficult and everyone decides for themselves. The Sun King agreed to negotiations. The Treaty of Utrecht was signed in 1713 which consigned the eleven years that France spent fighting to waste.[80] After that, the heirs to the French throne stopped dying. The five-year-old infant, the Sun King's great grandchild and the future Louis XV, became the heir. An infant Dauphin by a 74-year-old king, who can die of old age any moment. Should the King die, who will protect and help the child? France would have found itself in a very tough situation if it had not been for the handsome 28-year-old Duke of Berry, the second grandson of Louis XIV and the heir's uncle. It was him that the elderly king entrusted with looking after the country and the young king. And… yes, your guess is right, the Duke of Berry died very soon, too. He was injured while hunting and hit the saddlebow very hard.[81] It is usually said that he fell off his horse and died. Allegedly, he broke his neck or spine. But this is not true. The poor duke died on 4^th May 1714 after a four-day-long illness. Now it is more common to say that he died of internal injuries caused by the fall.[82] Could this have happened? Yes, it could have unless another participant of turbulent politics of the time had not died in a similar way having fallen off his horse…

After the accident that happened to his grandson Louis XIV lost interest in life. Fearing further accidents, he went as far as to change the law. Previously, only children born by the queen could be the heirs to the throne. Louis XIV had several illegitimate children. The King legitimated them and put them at the top of the royal hierarchy straight after the princes of the blood. A couple of months later, Louis XIV especially stipulated the following: should the legitimate kin be extinct the new princes would be able to inherit the throne. He knew who was trying to destroy his family and realised that the series of deaths was not incidental and more deaths could follow.

In 1715 the Sun King passed away. End of story, it would seem. However, it was just the beginning. Less than a year after the old King's death, the shareholders of the Bank of England proved to be right in their suspicions. Someone tried to steal their know-how, their invention, in a most impertinent way. To copy it, just as sly Chinese manufacturers copy the looks of famous car brands. It turned out to be impossible to keep the secret of the 'printing machine'. Its advantages and amazing simplicity were obvious. Instead of the complicated procedure of extracting gold and silver there came the simple process of printing money. France, which lost in the war due to 'credit deficiency', decided to create its own 'printing machine'. In 1716 a Scotsman called John Law received a patent for opening a private bank with the right to issue bank notes that could be exchanged for metal.[83]

The French king, Louis XV was a still a child and obviously was not very interested in financial issues. His Regent, Philippe II, Duke of Orleans, on the other hand, seized on this brilliant idea. He ordered that bank notes were to be accepted as payments as well as coins. In 1718 Law's bank was renamed into Banque Royale.[84] Although, essentially, it was the same 'joint stock company' where shares were divided between cunning bankers and the Royals. From now on the military and diplomatic rivalry between England and France also takes a secret financial turn. Two groups of bankers who received two different governmental protections were fighting each other for the right to uncontrollably print unsecured money. And through that to rule the whole world.

But we have been distracted. Let us go back to the French attempt to clone the 'English idea of paper money. The story of rapid development of England during the reign of William started repeating itself in France. It is not surprising – your personal economy will immediately flourish as well if your find a briefcase full of money in the street. The Central Bank of France was very successful. In one fell swoop, John Law solves all the financial problems of the royal house: he lends 100 million livres to the Government at a 3% annual interest rate. For reference: when the Sun King died there was as little as 700 thousand livres in the treasury.[85] At the end of 1716, on the other hand, when John Law turned his printing machine on, the budget deficit had reached 140 million livres[86] and France could now proceed with its global expansion as it had the money for it.

The French copied the system established by the English not only in its essence but also in details. The authorities leased to John Law the exploitation of gold deposits in Louisiana as well as all trade overseas. It would all be dealt with by the India Company which was a full copy of the British East India Company. Shares of the new company were at first sold to anyone and later on, only to those who paid with bank notes which could be received in exchange for gold coins. 'It turned into a competition – who could get rid of their gold first'.[87] But the success did not last long, in fact it was surprisingly short. The credit and monetary basis of the French expansion was destroyed within literally a few months.

This is the chronology of prosperity and immediate death of the Bank of England's clone in France. In January 1720 banker John Law rises on the surge of phenomenal success of his creation and is put in charge of controlling all financial affairs of France, since the Bank which he was the head of had just lent France 100 million livres. And at this point something terrible happened. 'Immediately and very rapidly disturbing news spread around Paris and the whole city found itself in the state of atrocious panic', recalls the French writer Guy Breton in his book 'Love Stories throughout the History of France'.[88] And already in early 1720 those who wanted to exchange their paper money back to gold started applying great pressure on the bank. At first, the exchange had to be slowed down and later on frozen altogether.[89] When did it happen? In February-March, 1720.

Since it all happened such a long time ago, it is hard to track how the panic among shareholders was organised, but in my opinion those technologies were not very different from the ones used today. I would like to draw your attention to the fact that it happened three years after the Bank started operating, which means that at the beginning it was doing pretty well. And then, all of a sudden, things got worse – after the record-breaking loan of 100 million livres received by the government. Was this a coincidence? Judge for yourself – the blow was quick and merciless. The Bank that issued 3 billion worth of paper money under the warranty of 700 million in coins was unable to pay back. But the French Government did not give up without fighting. And it managed to find a very 'original' way out. As the population would not want to use paper bills and preferred coins… using coins should be prohibited. 'The decree of 11^th March 1720 banned using coins from 1st May onwards; if found on someone, coins were to be confiscated'.[90]

You can imagine the reaction this decision caused in France. Of course, universal jubilation and enthusiasm of the public. After this decree, the popularity of paper money went down to the very bottom, as well as the popularity of the royal power. Everyone started hunting the forbidden coins and avoiding the allowed banknotes. And this quickly ended in a catastrophe. The next decree published on 22^th May 1720 announced a reduction of the nominal rate of banknotes by half.[91] Therefore, those who obeyed the previous decree and had started using paper money immediately lost half of their savings. Then, on 10^th October 1720 a third decree was published which announced that banknotes would no longer be used after 1st November 1720. Small banknotes were to be exchanged for state bonds with another half-reduction of the nominal rate.[92]

As a result, obedient citizens were quickly robbed twice. Obviously, the royal government which did all these tricks (very similar to Russian reforms) became very unpopular. It was then that the hatred for the French monarchy was planted which would lead to a revolution in 1789 and would completely destroy the royal authority. In November 1720 the Central Bank went bankrupt and its founder had to flee from France a month later. It would be interesting to find out where, because it would shed light on many things…

I do not know much about the following years of the founder of the 'printing machine' in France. But I do know what happened to the founder of the Bank of England. As we remember, William III of Orange, the English king, had a deal with bankers. And he kept his promises. Possibly because his death was also very timely. In March 1702 he passed away in the Kensington Palace of… (not again?!) injuries he got as a result of a fall off his horse.[93] Could this have happened? Yes. Only two facts seem suspicious: the similar death of the Duke of Berry and the official reason of William's death as it was announced. What was it exactly that caused his death? William died of pneumonia, which was a complication to a broken shoulder, which the King broke when he fell off the horse. Who would have thought that a broken shoulder can start pneumonia? What is the connection between a fracture and pneumonia? It is all rather interesting, is it not? And rather suspicious, too…

The founder of whatever it is, is needed for a figurehead. It is this king that signed all the laws that the bankers needed, he gave them everything they needed at the time. The following kings would receive the established system as legacy. And the secrets of William's agreements died with him and his descendants were left with the King's stern look from the full-dress portrait. The Bank of England would be a given entity for the new monarchs, certain legacy and an irreversible decision of their ancestor.[94]

It was high time they started thinking of further steps in establishing world hegemony. There had always been one means to achieve that – by declaring a war. The British elite, led by bankers, added another one to the world's geopolitical arsenal, and it was special operations. Both should be generously accompanied with money, seeing that now it was made out of nothing. The War of the Spanish Succession was the beginning of a long way of the 'printing machine' to the July morning in 1944 in Bretton Woods, where the pound sterling passed the baton to the dollar. When it was time to change location the 'printing machine' moved overseas where it was more secure.

But before that there was WWI which destroyed the golden rouble and the golden Deutsche Mark. They were followed by the currencies of the Austro-Hungarian Empire and the Ottoman Empire. Only one step was left till the world supremacy, only one world war. And the scenario of the Second World War which was written in London was very different from the one that happened in reality.

…And the most important rule is that there are no rules.