On November 10 2011 08:08 Danglars wrote: Think this is better off named, "Who were the richest people in the world?" Rothschilds dwarfed others of their era, it's true. But now, they are dwarfed by the vast majority of people who did not inherit their money.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
As free trade increased and technology progressed, less and less of the wealthiest people merely got their riches from daddy. Forbes top 400 list changes all the time. Being on it one year is no guarantee on being on it the next. You merely have spots of inherited money, and no real dominance of it.
But you say, THE MEASURING IS FLAWED! Secret old wealth really controls everything, from The Economist to The Fed! It's pretty encouraging speaking from the outside saying how this analysis is dead wrong, but putting forth just hints and whispers as to why your analysis is the true, right one. Let's see some prominent scholars reporting on the real concentration of wealth, let's see their sources of fact. You rip down Forbes's list, and put up nothing.
You can Actually find evidence for most of this in the Book series written by Oxford professor Nial Fergusson. He had acess to the familys private archives and everything written there is confirmed by the family itself.
If you are saying that the rothschilds are dwarfed by Todays buffet and Gates, you are implying that they somehow must have lost 98% of the money they had in 1850. When you have money stuffed away in swiss banks with good interest, that doesnt happen.
On November 10 2011 07:54 sc2holar wrote: The Rothschilds made their vast fortune through a network of Federal Banks (they invented the word "federal bank") in all the big capitals of europe, and funded (issued loans with huge interest) both sides of many wars along with the industrialization and all railroads built in europe. Thanks to their splendid network of information, they always knew what was happening in europe, and they could always invest with huge profits. You might think that our federal, "national" banks are owned by the government, but they are not.
This is bullshit. It varies greatly from country to country.
Federal reserve systems are private on purpose. It is by design (preventing the office from becoming political, decreasing the scale of the political-business cycle, etc).
On November 10 2011 08:11 jdseemoreglass wrote: I understand that a small number of people are extremely wealthy... I'm still waiting for someone to tell me why I should care, or to provide some type of evidence that this group of people have done specific, sinister things.
But I guess in modernspeak, just being extremely wealthy is itself sinister and scary.
Being a significant portion of the banking industry is evil. Not hard to figure that one out.
On November 10 2011 08:02 sc2holar wrote: You might ask, What are the Rothschilds doing today?
The heir to the english branch, Nat Rothschild, recently bought up almost all of the remaining Coal and Aluminium reserves in the world.
His Cousin, David, is one of the most prominent spokesmen for the climate change and he has written several books on the subject. The Rothschilds are one of the biggest pushers for the climate change debate.
Sir Evelyn de Rothschild is married to an american woman called Lynn Forester, just to use her as his prolonged arm to fund american president campaigns and gain control of the US. Her Lobby group is one of the most influental ones in america and she was a big supporter of Hillary Clinton.
I couldn't watch that clip out of embarrassment. Pretty sure if your name has 'de' in it and you have the title of 'Lady' you're probably one of the 'elite.' Thanks for sharing this info though, it was interesting.
"...but their money and power is nothing compared to the true upper class that has ruled the western world for hundreds of years..." So this family has ruled the Western world for centuries? That's stunning news. I guess we'd better burn all the works of so called eminent historians. Hitler was right after all, it's those Jew bankers who are to blame for our miserable existence.
By the way, I did enjoy the video. Those are some beautiful buildings! Still, this thread deserves to be closed for reasons of excessive stupid.
On November 10 2011 08:15 CaucasianAsian wrote: cool. so all i gotta do to get mad rich is marry someone from this family. ez pz.
It doesnt actually work that way though. The kids only inherit around 1billion pound each, while the great fortune is stuffed away in the family trust fund and can only be used for business and investment purposes.
Nial fergusons books explain it in pretty great detail. The familys founder, Mayer Amschel, set up strict rules to keep the wealth within the family. For more than 150 years, the family members were ONLY allowed to marry first cousins.
The history of Rothschild is pretty amazing and not just a story about some people inheriting a huge amount of money. They have jewish roots and had to face several difficulties on the civilian and the political side. They saved a lot of nations before bankruptcy by lending money to them and were helping the poor folks. Not to forget that Rothschild is responsible for building railroad lines all over europe.
How they used and use their money today is a different story though.
I can recommend reading the two books of Niall Ferguson, his writing is pretty vivid.
The House of Rothschild. Money’s Prophets, 1798–1848, Viking Books, 1998, ISBN 0-670-85768-8. The House of Rothschild: The World’s Banker, 1849–1999, Viking Books, 1999, ISBN 0-670-88794-3
@sc2holar: what are you studying? some kind of political/business stuff?
On November 10 2011 08:20 wadadde wrote: "...but their money and power is nothing compared to the true upper class that has ruled the western world for hundreds of years..." So this family has ruled the Western world for centuries? That's stunning news. I guess we'd better burn all the works of so called eminent historians. Hitler was right after all, it's those Jew bankers who are to blame for our miserable existence.
By the way, I did enjoy the video. Those are some beautiful buildings! Still, this thread deserved to be closed for reasons of excessive stupid.
Dude, i was refering to the Upper Class in general. the Rothschilds are just a part of it. In every human civilization there has always been an elevated ruling class. nothing "tinfoil" about that.
@sc2holar: what are you studying? some kind of political/business stuff?
I study Economic History, but i have learned about business and economy since i was a kid since my family is a part of that class and my parents did also inherit a huge amount of money that the state doesnt know about. So i know this kind of stuff
On November 10 2011 08:20 Skilledblob wrote: where is my tinfoil hat.
I came in here expecting many more conspiracy theory posts. I am happy to be disappointed. Some families have immense money and theoretical or real power over millions. If not them, then someone else. The world keeps turning and we distract ourselves with entertainment.
Shit sucks but that's the way it is. And it's not necessarily bad things happen because of it.
All and all though, it's interesting as all learning tends to be.
Most of this is the stuff of common conspiracy theories fueled by blatant anti antisemitism.
But yes, there's certainly a point to there being money that isn't taxed. There's lots of it and these guys aren't the only ones who have it.
You're overestimating today's influence of money though. In the Napoleonic wars soldiers went where they were paid and fed. Today we have only one superpower and when it's in financial trouble, we're talking trillions. Sums so vast they dwarf the collective assets of that "1%" you're talking about.
No private interest, not even a Rothschild, can bail out nations today. The monetary system simply works differently. You can't control $'s the way you could bouillons.
On November 10 2011 08:08 Danglars wrote: Think this is better off named, "Who were the richest people in the world?" Rothschilds dwarfed others of their era, it's true. But now, they are dwarfed by the vast majority of people who did not inherit their money.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
As free trade increased and technology progressed, less and less of the wealthiest people merely got their riches from daddy. Forbes top 400 list changes all the time. Being on it one year is no guarantee on being on it the next. You merely have spots of inherited money, and no real dominance of it.
But you say, THE MEASURING IS FLAWED! Secret old wealth really controls everything, from The Economist to The Fed! It's pretty encouraging speaking from the outside saying how this analysis is dead wrong, but putting forth just hints and whispers as to why your analysis is the true, right one. Let's see some prominent scholars reporting on the real concentration of wealth, let's see their sources of fact. You rip down Forbes's list, and put up nothing.
You can Actually find evidence for most of this in the Book series written by Oxford professor Nial Fergusson. He had acess to the familys private archives and everything written there is confirmed by the family itself.
If you are saying that the rothschilds are dwarfed by Todays buffet and Gates, you are implying that they somehow must have lost 98% of the money they had in 1850. When you have money stuffed away in swiss banks with good interest, that doesnt happen.
There's a lot more money in the world then there was in 1850. They don't have to "lose" money to have a smaller piece of the pie.
On November 10 2011 08:15 CaucasianAsian wrote: cool. so all i gotta do to get mad rich is marry someone from this family. ez pz.
It doesnt actually work that way though. The kids only inherit around 1billion pound each, while the great fortune is stuffed away in the family trust fund and can only be used for business and investment purposes.
Nial fergusons books explain it in pretty great detail. The familys founder, Mayer Amschel, set up strict rules to keep the wealth within the family. For more than 150 years, the family members were ONLY allowed to marry first cousins.
On November 10 2011 08:27 sc2holar wrote: I study Economic History, but i have learned about business and economy since i was a kid since my family is a part of that class and my parents did also inherit a huge amount of money that the state doesnt know about. So i know this kind of stuff
That's nice to hear, use it for good and not for evil ^_ ^
You have some more books to recommend? I read everything from Niall Ferguson and Georg Heuberger about this topic and want to read more.
On November 10 2011 08:08 Danglars wrote: Think this is better off named, "Who were the richest people in the world?" Rothschilds dwarfed others of their era, it's true. But now, they are dwarfed by the vast majority of people who did not inherit their money.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
As free trade increased and technology progressed, less and less of the wealthiest people merely got their riches from daddy. Forbes top 400 list changes all the time. Being on it one year is no guarantee on being on it the next. You merely have spots of inherited money, and no real dominance of it.
But you say, THE MEASURING IS FLAWED! Secret old wealth really controls everything, from The Economist to The Fed! It's pretty encouraging speaking from the outside saying how this analysis is dead wrong, but putting forth just hints and whispers as to why your analysis is the true, right one. Let's see some prominent scholars reporting on the real concentration of wealth, let's see their sources of fact. You rip down Forbes's list, and put up nothing.
You can Actually find evidence for most of this in the Book series written by Oxford professor Nial Fergusson. He had acess to the familys private archives and everything written there is confirmed by the family itself.
If you are saying that the rothschilds are dwarfed by Todays buffet and Gates, you are implying that they somehow must have lost 98% of the money they had in 1850. When you have money stuffed away in swiss banks with good interest, that doesnt happen.
There's a lot more money in the world then there was in 1850. They don't have to "lose" money to have a smaller piece of the pie.
But money still grows. There is no way 6billion dollars in 1850 can shrink to less than what bill gates has today. Especially not when you stuff it in your own bank where you control the interest rate.
On November 10 2011 07:54 sc2holar wrote: The Rothschilds made their vast fortune through a network of Federal Banks (they invented the word "federal bank") in all the big capitals of europe, and funded (issued loans with huge interest) both sides of many wars along with the industrialization and all railroads built in europe. Thanks to their splendid network of information, they always knew what was happening in europe, and they could always invest with huge profits. You might think that our federal, "national" banks are owned by the government, but they are not.
This is bullshit. It varies greatly from country to country.
Federal reserve systems are private on purpose. It is by design (preventing the office from becoming political, decreasing the scale of the political-business cycle, etc).
On November 10 2011 08:08 Danglars wrote: Think this is better off named, "Who were the richest people in the world?" Rothschilds dwarfed others of their era, it's true. But now, they are dwarfed by the vast majority of people who did not inherit their money.
Why am i brining this up? well, because i think its about time people realize how the system works. 99% of the worlds money is controlled by a small group of people (not just the rothschild family). This is all verified historical facts, none of this is crazy conspiracy talk. I learned most of this during my academic studies, so you can learn this at your local university if you take a course in economic history.
As free trade increased and technology progressed, less and less of the wealthiest people merely got their riches from daddy. Forbes top 400 list changes all the time. Being on it one year is no guarantee on being on it the next. You merely have spots of inherited money, and no real dominance of it.
But you say, THE MEASURING IS FLAWED! Secret old wealth really controls everything, from The Economist to The Fed! It's pretty encouraging speaking from the outside saying how this analysis is dead wrong, but putting forth just hints and whispers as to why your analysis is the true, right one. Let's see some prominent scholars reporting on the real concentration of wealth, let's see their sources of fact. You rip down Forbes's list, and put up nothing.
You can Actually find evidence for most of this in the Book series written by Oxford professor Nial Fergusson. He had acess to the familys private archives and everything written there is confirmed by the family itself.
If you are saying that the rothschilds are dwarfed by Todays buffet and Gates, you are implying that they somehow must have lost 98% of the money they had in 1850. When you have money stuffed away in swiss banks with good interest, that doesnt happen.
There's a lot more money in the world then there was in 1850. They don't have to "lose" money to have a smaller piece of the pie.
But money still grows. There is no way 6billion dollars in 1850 can shrink to less than what bill gates has today. Especially not when you stuff it in your own bank where you control the interest rate.
Not sure why you're so certain they've made good investments with their money. I agree that the money probably didn't go anywhere but I would never state that as a fact.
actually Forbes does consider 'old money' when considering the richest in the world. Consider that most of those on the list that were related to Sam Walton got most of their money from his wealth.
On November 10 2011 08:00 jubil wrote: Thought for sure if this was a historical discussion the Medici family would be brought up. I guess they're not quite as prominent nowadays...
Probably the only way people today have heard of the Medici family is from Assassin's Creed.
EPT
