Blame it on the Rothschilds

Song Hongbing, an IT consultant and amateur historian who has lived in the US since 1994 has written a book called Currency Wars which has become a best-seller in China. It is so popular that the number of pirated copies in circulation is double that of the official sales. He blames the Battle of Waterloo, the deaths of 6 US presidents, the rise of Adolf Hitler, the deflation of the Japanese bubble economy, the 1997-8 Asian financial crisis and environmental destruction in developing countries on the money supply created by the Rothschild banking dynasty. He claims that the Fed' s key functions are controlled by 5 private banks, all of which have "a close relationship" with the Rothschilds. The book is being derided by some as a rewrite of conspiracy theories and as being anti-Semitic. It started its life as a blog.