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On November 10 2011 09:26 sekritzzz wrote: Oh btw can someone explain the point about wealth being preserved through inheritance? I thought inheritance tax existed in the west? The wealth of the family clan is organized in a trust or corporation or something along those lines, and no one actually inherits that wealth, only the private wealth of their parents.
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On November 10 2011 09:23 sekritzzz wrote:Show nested quote +On November 10 2011 09:14 Nqsty wrote:On November 10 2011 09:10 JohnMatrix wrote: 400 trillon = 400 000 billion. its more than all the money in the world right -_- Correct, 7 times more than total GDP in the world. Also, the OP seems to think that a fortune can grow faster than the total aggregate rate, even though they apparently half own the world itself. Who said GDP= Wealth of the world? GDP= world's production in a given year. You realize the net worth of land alone in the UK can easily top 10trillion+? This is a wild guess but land is not accounted for, nor is gold and a lot of other things in the world's GDP
I'm pretty sure I know what GDP is, I was making a comparison just to put things into perspective.
And FYI, the total amount of farmland in the US is 2.5 trillion. Now farmland isn't land, its land with revenue, idle land is worth almost nothing. Farmland now is probably selling at something like 15 times land value.
Total amount of gold in the world is estimate 7 trillion.
According to The Economist, "developed economies'" assets at the end of 2002 were the following: Residential property: $48 trillion; Commercial property: $14 trillion; Equities: $20 trillion; Government bonds: $20 trillion; Corporate bonds: $13 trillion; Total: $115 trillion.
Developed economies include all Europe, North and some of South America, Australia, and parts of Asia/Africa.
So technically, OP is claiming that Rothschild's own TOTAL DEVELOPED ECONOMIES ASSETS + 5 TIMES TOTAL WORLD GDP, so.. yeah.
I mean, this is all just throwing figures around, I can't be bothered to verify them all, but seriously just.. just consider the statements before talking.
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On November 10 2011 08:54 Skilledblob wrote: ok the first one posted Zeitgeist. Now this thread is over. I am sure the Rothschild family is still rich and I am sure they are having fun with the money and I am sure some of them are politically motivated but this thread is turning more and more to a garbage bin for conspiracy theories.
exactly. considering if you look up the money supply of all the money in the world it doesn't even come CLOSE to op's figures
what a load of conspiracy garbage
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How exactly is someone supposed to earn 6% interest on invisible money for over 100 years? What is this investment device? Where would the money currently be invested?
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I don't get it. You say this is all verified, yet your main source is a wikipedia entry.
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Marcus Crassus was possibly the most wealthy single human being who has ever lived. He was a Real Estate baron, who later shared control of Rome with Julius Caesar and Pompey. He reportedly owned a large swathe of the empire. He wanted to be recognised for his military prowess however, and this led to an ill fated attack on Parthia. He was defeated in battle, and was executed by having molten gold poured down his throat. A nasty end.
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On November 10 2011 09:41 Nqsty wrote:Show nested quote +On November 10 2011 09:23 sekritzzz wrote:On November 10 2011 09:14 Nqsty wrote:On November 10 2011 09:10 JohnMatrix wrote: 400 trillon = 400 000 billion. its more than all the money in the world right -_- Correct, 7 times more than total GDP in the world. Also, the OP seems to think that a fortune can grow faster than the total aggregate rate, even though they apparently half own the world itself. Who said GDP= Wealth of the world? GDP= world's production in a given year. You realize the net worth of land alone in the UK can easily top 10trillion+? This is a wild guess but land is not accounted for, nor is gold and a lot of other things in the world's GDP I'm pretty sure I know what GDP is, I was making a comparison just to put things into perspective. And FYI, the total amount of farmland in the US is 2.5 trillion. Now farmland isn't land, its land with revenue, idle land is worth almost nothing. Farmland now is probably selling at something like 15 times land value. Total amount of gold in the world is estimate 7 trillion. According to The Economist, "developed economies'" assets at the end of 2002 were the following: Residential property: $48 trillion; Commercial property: $14 trillion; Equities: $20 trillion; Government bonds: $20 trillion; Corporate bonds: $13 trillion; Total: $115 trillion.Developed economies include all Europe, North and some of South America, Australia, and parts of Asia/Africa. So technically, OP is claiming that Rothschild's own TOTAL DEVELOPED ECONOMIES ASSETS + 5 TIMES TOTAL WORLD GDP, so.. yeah. I mean, this is all just throwing figures around, I can't be bothered to verify them all, but seriously just.. just consider the statements before talking.
Clearly you are failing to account for their investments in Periodical Cicada Broods. These assets mature every 16 years and earn 6% interest without arousing any suspicion.
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On November 10 2011 09:03 Gnial wrote: Applying a 6% interest rate to the net worth compounding for 150 years would make anyone of that era filthy rich in today's dollars...there is no reason or justification for attaching that 6% interest rate. It multiplies the value of that person's net worth by 6250 times...its just silly... You know about dollar value fluctuation right? the multiplication comes from factoring in the value of the currency 1850 vs today.
6billion dollars in 1850 would be equal in buying value to around 300 trillions today. Depending on the interest, the family trust could easily hold 400-500 trillions today. It would of course be impossible to prove, but its a technical possibility,
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wow . do they buy stuff. or just take it?
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On November 10 2011 09:56 WightyCity wrote: wow . do they buy stuff. or just take it?
They take it, and then charge you interest for it.
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can we get a more reliable source than Wikipedia? for all we know you could of just wrote that whole article
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The OP makes the huge mistake of assuming constant 6% growth, which anyone with a basic understanding of economics can tell you is terribad.
$6 billion in 1850 only totals to around $173 billion today, if you use the Consumer Price Index to calculate inflation. That number is a lot more reasonable, even if it does mean they're still fairly wealthy.
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On November 10 2011 08:13 alepov wrote: occupy Rothschilds castle Epic.
<3
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if your going to go by individual wealth, crassus is the richest person of all time imo. He had the right to kill anyone he wanted and take their money. He owned the treasury of rome. he set fires in cities, bought all the houses that were about go burn down and got slave armies to put out the fire.
he died because he bought an army with some of his money and tried to conquer syria. unfortunately he was a terrible tactician and lost the battle. The syrians poured molten gold down his throat after he died.
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this just blew my mind. never heard about any of this after 13 years of school and 4 years of economic class.
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You guys are missing the point. They own hundreds of billions of dollars and yes, the fed is not completely run by the government, this is on their own site, they explain how the government has very little direct influence on what the fed does.
So basically this family controls a lot of banks and hundreds of billions of dollars, I don't think any sane person is saying they have hundreds of trillions RIGHT NOW.
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On November 10 2011 09:59 Childplay wrote: can we get a more reliable source than Wikipedia? for all we know you could of just wrote that whole article Wikipedia has a source index. The most reliable source you could find would be nial fergussons books wich were approved by the rothschild family itself.
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This sounds like conspiracy BS. No thanks. I'm fine as long as I can go to sleep happy with a full stomach.
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On November 10 2011 10:04 Snuggles wrote: This sounds like conspiracy BS. No thanks. I'm fine as long as I can go to sleep happy with a full stomach. This is not a conspiracy and thats not how you should approach the subject.
i dont think the rothschilds are evil i dont think they rule the world i dont think they have much direct infuence over my life
im just brining this up because i personaly find it to be a very interesting gem of history.
Dont you find it fascinating that one Man, Mayer Amschel Rothschild, born as a poor jew in an antisemitic society, managed to lay the foundation stone to what would be the biggest fortune in modern history. and this happened over just 3 generations.
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On November 10 2011 08:29 Thrill wrote: 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.
What is this non-sense? Legal tender today is almost completely fiat money (paper). The Fed Reserve can bail out anyone and everyone they want to and have (The partial audit we got revealed 16 Trillion in loans / bailouts to foreign banks and Governments & Private interests like JP Morgan / Goldman Sachs / Citi / McDonalds / etc. etc.). Paper money is only limited by the amount of numbers you can print on a piece of paper (which using font .2 could probably end up being 10^60 which means paper is always and everywhere become worthless).
It seems you have no idea how the monetary system works in todays world. It won't last long -- you are living in the age of Fiat Collapse. All the paper money is racing towards zero.
Besides, Governments have always been under the influence of the most wealthy. The ones who need to be outed are those who receive Government immunities, graft, and privilege.
Also, the second richest person in the world if I remember is the Queen of England. She still controls a vast majority of the world.
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