Treaty of Versailles

"We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced. . . .we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank."
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Those who cannot see the growth of Fascism or deny its existence are either the many who do not know what fascism really is or the few who prefer euphemism – a patriotic American name for a distinctly European product.

A former cabinet minister, an intelligent person (nonetheless) asked me the other day: “Let’s assume that your plan is realized. A Palestinian state will come into being side by side with Israel. Even some kind of federation. Then, in a few years, a violently anti-Israel party will come to power there and annul all the treaties. What then?”
My simple answer was: “Israel will always be powerful enough to forestall any threat.”
That is true, but that is not the real answer. The real answer lies in the lessons of history.