Page 56 - Mastermind: The Truth of the British Deep State Revealed
P. 56

(Above) Members of the Indian Civil
                                                                    Service, also known as the Imperial
                                                                    Civil Service. That institution made
                                                                    sure that British gained control of
                                                                    the rule of India.
                                                                    (Left) Henry James Frampton, a
                                                                    member of the Indian Civil Service



                                                                    to control not only sovereign
                                                                    princely states, but all of India. It
                                                                    also made sure that British offi-

                                                                    cers could obtain all the key po-

                                                                    sitions.

                         This marked the beginning of the colonization of India – 'the jewel in the
                     crown'– by the British deep state. India was now divided into classes: noble

                     families seeking to preserve their rights and a new middle class that owed
                     their existence to Britain.

                         East India Co. transferred 'fractional reserve banking', inspired by the

                     Babylonian banking system and which was the first step towards the modern
                     central banking practice, from India to Britain. (Fractional reserve banking

                     refers to the practice where banks keep a certain amount of the deposits they
                     receive, and offer the rest to the investors and the market as loans, etc. It is

                     based on earning interest on money that does not practically exist.) This fi-
                     nance system brought along a string of interesting practices. The said system




           Mastermind: The Truth of the British Deep State Revealed
   51   52   53   54   55   56   57   58   59   60   61