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There is no STEP FIVE.
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Q 3606
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War is the ultimate discipline to any government. If it can
successfully meet the challenge of war, it will survive. If tt
cannot, it will perish. All else is secondary. The sanctity of its
laws, the prosperity of its citizens, and the solvency of its
treasury will be quickly sacrificed by any government in its
primal act of self-survival.
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All that is necessary, therefore, to insure that a government will
maintain or expand its debt is to involve it in war or the threat of
war. The greater the threat and the more destructive the war, the
greater the need for debt.
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To involve a country in war or the threat of war, it will be
necessary for it to have enemies with credible military might. If
such enemies already exist, all the better. If they exist but lack
military strength, it will be necessary to provide them the
money to build their war machine. If an enemy does not exist at
all, then it will be necessary to create one by financing the rise of
a hostile regime. x
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The ultimate obstacle is a government which declines to finance
its wars through debt. Although this seldom happens, when it
does, it will be necessary to encourage internal political
opposition, insurrection, or revolution to replace that
government with one that is more compliant to our will. The
assassination of heads of state could play an important role in
this process.
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No nation can be allowed to remain militarily stronger than its
adversaries, for that could lead to peace and a reduction of debt.
To accomplish this balance of power, it may be necessary to
finance both sides of the conflict. Unless one of the combatants
is hostile to our interests and, therefore, must be destroyed,
neither side should be allowed a decisive victory or defeat.
While we must always proclaim the virtues of peace, the
unspoken objective is perpetual war.