«President John Adams is quoted as saying, “There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” Sheldon Emry, expanding on this concept two centuries later, observed that conquest by the sword has the disadvantage that the conquered are likely to rebel. Continual force is required to keep them at bay. Conquest by debt can occur so silently and insidiously that the conquered don’t even realize they have new masters. On the surface, nothing has changed. The country is merely under new management. “Tribute” is collected in the form of debts and taxes, which the people believe they are paying for their own good. “Their captors,” wrote Emry, “become their ‘benefactors’ and ‘protectors.’. . . Without realizing it, they are conquered, and the instruments of their own society are used to transfer their wealth to their captors and make the conquest complete.»
Ellen Hodgson Brown
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