Event
The Titanic and Federal Reserve tale
Internet tale, with no record behind it, that the Titanic was sunk to kill three men who opposed the Federal Reserve; in circulation since at least 2012.
Connections 3
a tale about
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J. P. Morgan
Scholarship & press
123
The tale names him as the one who arranged it. He was booked on the voyage and cancelled; historians debate why, and none of the reasons is related to the Federal Reserve (Reuters).
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Federal Reserve
Scholarship & press
14
Lead Stories calls it an antisemitic conspiracy theory.
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Sinking of the Titanic
Scholarship & press
134
Snopes rates it False.
Proof 4 sources
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False Rumor Suggests Sinking of Titanic Was Inside Job, Snopes, 15 Sep 2022.
Scholarship & press
Past memes suggested that Morgan had somehow miraculously orchestrated the voyage to end in tragedy in order to kill Guggenheim, Straus, and Astor.
According to the memes, Morgan's supposed reason for planning the demise of the three prominent men was because they all opposed the formation of the Federal Reserve.
It's true that American businessman Benjamin Guggenheim, Macy's co-owner Isidor Straus, and fur magnate and real estate developer John Jacob Astor all perished in the sinking of the Titanic. However, the overall claim intimated by the meme was nothing more than a baseless conspiracy theory.
Instead, the evidence indicates that all three were seen during the sinking.
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J.P. Morgan: Biography, Financier and Wealth, History.com.
Scholarship & press
was booked on the ill-fated April 1912 voyage but had to cancel.
The famous financier died at age 75 on March 31, 1913, in Rome, Italy.
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Fact Check: J.P. Morgan did not sink the Titanic to push forward plans for the U.S. Federal Reserve, Reuters, 17 Mar 2021.
Scholarship & press
Archived copy
I've never been able to find an authoritative 1912 source explaining the exact reason why J. P. Morgan cancelled his passage on the Titanic, but he definitely didn't do so mere ‘hours’ before the ship's departure,
Historians have debated several reasons for Morgan to cancel his trip, but none is related to the Federal Reserve.
there is no evidence to suggest they were the target of deliberate sabotage.
a Washington Post investigation found that while Astor and Guggenheim did not take a public stance on the matter, Straus reportedly spoke in favour of the proposal
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Fact Check: NO Evidence Titanic Was Intentionally Sunk To Create Federal Reserve, Lead Stories.
Scholarship & press
This antisemitic conspiracy theory was already floating around the internet before it was promoted to followers of QAnon.
They then sank it on purpose, eliminating everyone opposed to the Rothschild ponzi scheme.
This 2012 article reviewing and debunking Titanic conspiracy theories shows that the Titanic/Federal Reserve conspiracy theory existed at least 10 years ago.
It is not known how Astor and Guggenheim felt about the Federal Reserve but Straus had written a letter to the editor of The New York Times in favor of it.
Page history 1 change
- Add 55 stories, each checked against its sources96e92fe6
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