Pitt then conceived the idea of using his country's…

““Pitt then conceived the idea of using his country's revenues, not to meet current expenses, but to pay the interest upon loans. He laid down the doctrine that England belonged to the Englishmen then living— not to those who had not yet been born. He therefore declared the right of England to mortgage unborn generations by borrowing as much as current income would pay the interest upon. And Maier Rothschild and his later tribe were the ones who helped Pitt and his successors to do it. Thereafter a million of annual income no longer meant a million of annual income. It meant as much as a million of annual income would pay interest upon. At 4 per cent, it meant twenty-five millions to be kept forever and ever. If income could be increased a hundred millions, it meant that twenty-five hundred millions more could be borrowed — merely by paying interest upon it forever. It was bad financiering — but it produced the wanted money. Since that day no child has been born under the British flag except to a heritage of debt incurred for wars waged before it was born. Inasmuch as the system of deferred payments spread to all other " civilized " nations, no child has since been born in any one of them except to a heritage of debt. Unless these debts are paid or repudiated, no child can ever be born — not even until the crack of doom — in any civilized nation except to a heritage of debt.””

— Anonymous