EPTAnd what's this tinfoil reference? I feel dumb T_T
Who are the richest people in the world? - Page 9
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phiinix
United States1169 Posts
And what's this tinfoil reference? I feel dumb T_T | ||
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gayfius173
48 Posts
The fact is they own power. They own natural resources (Gold, steel, silver, oil, land). They own political influence. There is a sad but simple fact about something. A lot of people refuse to believe that they could be that rich (or anyone for that matter) because they simply do not have the mental/physical ability to actually understand and comprehend the possibility of something. The word conspiracy is getting thrown around way to much. Face it. There are rich motherfuckers in this world who control part of the world. | ||
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Silidons
United States2813 Posts
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sc2holar
Sweden1637 Posts
On November 10 2011 11:45 Rarak wrote: You make it a conspiracy theory by coming up with rediculous sums. You claim this family has approximately 6,666 times more money than the richest man in the world. (400 trillion divided by 60billion). www.gold-eagle.com... Accounting for the Rothschild Wealth and Influence Morton (1962) noted that the Rothschild wealth was estimated at over $6 billion US in 1850. Not a significant amount in today's dollars; however, consider the potential future value compounded over 147 years! Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise: $1.9 trillion US (@ 4%) $7.8 trillion US (@ 5%) $31.5 trillion US (@ 6%) $125,189.1 trillion US (@ 7%) $491,409.0 trillion US (@ 8%) check the reference list before you attack the source... i was directed to this site by a family member who works as an investment banker and he agreed with this calculation. The important fact here is that Rothschild had their money placed in a bank wich they owned themselves, wich means they can basicly set the interest rate for maximum profit. this is how the banking class makes its money. Believe what you want... | ||
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searcher
277 Posts
On November 10 2011 11:52 phiinix wrote: 8 pages and I still haven't seen the calculation for how 6 billion usd turns into 400 trillion. And what's this tinfoil reference? I feel dumb T_T Let's say one of your relatives in the 17th century sold a cow for about 100 US$ in modern money. Compound that at 6% a year, and you and your fellow descendants are heir to a fortune of about 1.3 trillion! This hypothetical scenario corresponds exactly with real life experience, and is exactly how the Rothschilds are now worth half of Europe. | ||
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drwiggles
Canada19 Posts
Not in a conspiracy theory kind of way, just plain cool and interesting. | ||
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Djzapz
Canada10681 Posts
On November 10 2011 11:56 sc2holar wrote: www.gold-eagle.com... Accounting for the Rothschild Wealth and Influence Morton (1962) noted that the Rothschild wealth was estimated at over $6 billion US in 1850. Not a significant amount in today's dollars; however, consider the potential future value compounded over 147 years! Taking $6 billion (and assuming no erosion of the wealth base) and compounding that figure at various returns on investment (a conservative range of 4% to 8%) would suggest the following net worth of the Rothschild family enterprise: $1.9 trillion US (@ 4%) $7.8 trillion US (@ 5%) $31.5 trillion US (@ 6%) $125,189.1 trillion US (@ 7%) $491,409.0 trillion US (@ 8%) check the reference list before you attack the source... i was directed to this site by a family member who works as an investment banker and he agreed with this calculation. The important fact here is that Rothschild had their money placed in a bank wich they owned themselves, wich means they can basicly set the interest rate for maximum profit. this is how the banking class makes its money. Believe what you want... It's still a useless way to look things as for one that's not what happened with the money and secondly it doesn't take into account that markets crash hard - meaning that if they shoved that money in a 8% interest rate bank account (which is ridiculous to bring up, in so many ways), things wouldn't work out that way. Conservative range of 4 to 8%? Lawl, maybe for your $5000 over 30 years. Apply some common sense to that 400 trillion figure, it has 0 application to real world and it's a poor way to present the past. It's just a big number to catch people's interest. Edit: Also idk how you're making the calculations but I'M getting 67 trillions @ 6% and 1336 trillions @ 8%. Something would break anyway. | ||
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sc2holar
Sweden1637 Posts
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Tektos
Australia1321 Posts
I don't think the person at the top of the food chain can just "get interest" from putting money into a bank account, as they're the ones paying/charging the interest. So are they going to be paying themselves this interest? That results in a zero net gain. You can't just create money out of nowhere. Their wealth would be that of the accumulation of interest they're charging other people. Good luck guessing how much that is, but $400 trillion is doubtful. As for other investments like gold, they haven't constantly gone up 6% per year for the last 160 years. | ||
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Djzapz
Canada10681 Posts
On November 10 2011 12:09 sc2holar wrote: I think it has to be explained that those 6billion dollars mentioned werent just dollar bills piled up in a basement, it was money put in very profitable investments such as Gold and gornment bonds. you can easily assume that these investments would asett a 5-10% profit each year, and then you factor in the trust interest. You can always easily assume that everything always works well and interest always goes up when you have no idea what you're talking about. I could easily look at Bill Gate's 102 billions from the past and say clearly he'll have 150 billions in a few year herp derp. And now he's around 60 billions. | ||
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Wegandi
United States2455 Posts
On November 10 2011 12:11 Tektos wrote: I can invest my money into a bank account and get 6% interest. I don't think the person at the top of the food chain can just "get interest" from putting money into a bank account, as they're the ones paying/charging the interest. So are they going to be paying themselves this interest? That results in a zero net gain. You can't just create money out of nowhere. Their wealth would be that of the accumulation of interest they're charging other people. Good luck guessing how much that is, but $400 trillion is doubtful. Where on Earth are you getting 6% interest? Even long term CD's are only getting ~1.7% at the upper limit (generally over 55k). You are actually earning negative interest considering inflation even with the manipulated Government statistics has it pegged @ 4%. | ||
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sc2holar
Sweden1637 Posts
On November 10 2011 12:06 Djzapz wrote: Conservative range of 4 to 8%? Lawl, maybe for your $5000 over 30 years. I think you are underestimating the potentional of fractional banking, governal bonds trading and the rise of gold value. And the fact that when you have money placed in a bank that you OWN, you can set the interest for your own money. | ||
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Tektos
Australia1321 Posts
On November 10 2011 12:13 Wegandi wrote: Where on Earth are you getting 6% interest? Even long term CD's are only getting ~1.7% at the upper limit (generally over 55k). You are actually earning negative interest considering inflation even with the manipulated Government statistics has it pegged @ 4%. The OP originally cited 6% and $400 trillion. | ||
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sc2holar
Sweden1637 Posts
On November 10 2011 12:11 Djzapz wrote: You can always easily assume that everything always works well and interest always goes up when you have no idea what you're talking about. I could easily look at Bill Gate's 102 billions from the past and say clearly he'll have 150 billions in a few year herp derp. And now he's around 60 billions. You arent looking at this from the perspective of an international banking family with a monopoly on governal bond trading and issuing loans to governments, with the ability to control the interest. Do you know about fractional banking? | ||
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searcher
277 Posts
On November 10 2011 12:15 sc2holar wrote: I think you are underestimating the potentional of fractional banking, governal bonds trading and the rise of gold value. And the fact that when you have money placed in a bank that you OWN, you can set the interest for your own money. HAHAHA that's the funniest thing I've heard all day. You can set interest for your own money. So if I start a bank, put $1 in it, and "set the interest" at 100000000%, I'll be pretty rich soon. I wonder why the investment banks didn't do this to avoid the financial crisis. Also, according to this and the your claim, the Rothschilds have more money than the whole world. Are you 10 or something? Maybe you need to read some books and learn stuff. | ||
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Djzapz
Canada10681 Posts
On November 10 2011 12:15 sc2holar wrote: I think you are underestimating the potentional of fractional banking, governal bonds trading and the rise of gold value. And the fact that when you have money placed in a bank that you OWN, you can set the interest for your own money. I think you're GROSSLY OVERESTIMATING those, the governal (what?) bonds part is pretty ridiculous but jesus... ok The absolute worst part of what you said is where you get to "set the interest for your own money" if you own a bank, LOL, are you dead set on destroying your credibility? Where's that money from? You invent it? Ok! Ask Zimbabwe how that turned out. Seriously... dude... seriously... You have answers to everything, we get it - none of them are founded on an understanding of how the economy works and you'll probably keep going, that's great. I want you to go back and address the part where "you get to set the interest for your own money" and tell me, how do you that without BREAKING -EVERYTHING-. That was absurd beyond words and you have clearly, unequivocally showed that you are 100% clueless. | ||
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Tektos
Australia1321 Posts
On November 10 2011 12:15 sc2holar wrote: I think you are underestimating the potentional of fractional banking, governal bonds trading and the rise of gold value. And the fact that when you have money placed in a bank that you OWN, you can set the interest for your own money. You realize that when you OWN the bank you're the one PAYING the interest? So if I'm paying the interest earned by the customer (who is also, me) I'm paying myself money with interest. Money just doesn't come out of nowhere. | ||
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sc2holar
Sweden1637 Posts
On November 10 2011 12:20 searcher wrote: HAHAHA that's the funniest thing I've heard all day. You can set interest for your own money. So if I start a bank, put $1 in it, and "set the interest" at 100000000%, I'll be pretty rich soon. I wonder why the investment banks didn't do this to avoid the financial crisis. Also, according to this and the your claim, the Rothschilds have more money than the whole world. Are you 10 or something? Maybe you need to read some books and learn stuff. The Rothschilds already possesed around 40-50% of the worlds money in 1850 (this is something we KNOW) so this means that they already had as much/more money than "the rest of the world" 150 years ago. i have read many, many books on this subject. i think you should do it too. | ||
Manifesto7
Osaka27118 Posts
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