NUOVI World Order

Shaken by that near-obliteration and the continuing development and population expansion of nation-states, as well as the shift in power on the seas with the discovery of the Americas, Venice in 1582 experienced the eruption of a faction fight in which the “Nuovi” (literally, “new” or the “New Venetian Party”), who advocated moving north to build up new maritime and financial capitals in Amsterdam and London, defeated the “Vecchi” (the “Old Venetian Party”), closely allied to the “black nobility” side of the Vatican and the Habsburg Empire. Throughout the 16th and 17th centuries, the “New Venetian Party”, together with its powerful allies in Genoa, created the rising new Dutch and English/British maritime powers in their own image — and still under their control. The Nuovi created the new institution of privately controlled central banks, such as that of Amsterdam, which became the dominant bank in the world in the 18th century. Later came the Bank of England; the Dutch and English stock exchanges; and the British and Dutch East India companies. The Dutch company continued the Venetian domination of trade with the East; some 70-90 per cent of their cargo, like that of the Venetians before them, consisted of silver bullion for exchanging in the East for gold, and they took over Venice’s management of the world’s slave and drug trades.

https://studylib.net/doc/8213891/the-venetian-money-system