Rothschild.

And what is your point?

I was hoping the bright minds here might have something pertinent to say about it.

Are you trying to suggest that this one family controls the wealth of Russia, China, Japan, India, South Korea, bla bla bla....

Pull your head out. Yes they have a lot of money but they do not have any control over the Japanese or the Chinese etc...

'Snowball' from 'Pinky and the Brain' once owned over half the world's wealth. The horror!

That's the Republican American dream.

What's wrong with that?

I was hoping the bright minds here might have something pertinent to say about it.

What's your question about them? I ask because it seems if you just post a

name without a question then you have already stated what you thought

and only want us to know.

I was hoping the bright minds here might have something pertinent to say about it.The Rothschild's family does NOT own no were near even 0.1% of the world wealth.

Where did you pull this "50%" of the World's wealth from????

Rothschild.

Nonsense. That anti-Jewish myth is as old as the hills and as inaccurate as it is old. Have you been visiting some 'hate the Jews' sites recently? It sure sounds like it.

The question was, what if? It wasn't an open invitation to flame me. What if?

The question was, what if? It wasn't an open invitation to flame me. What if?

sorry when you say something that f'ng stupid you aren't going to get flamed. your going to get torched

Then, I would hope that the Citizens living within the Democratic nations where such wealth would obviously be located would in turn vote to return 99% of that wealth back into the hands of the Citizens. This could be in the form of tax and other laws.
I would hope that Citizens living in Democratic countries would never allow themselves to be under the yoke of a single monarchical ruling family. Simply go down to the voting booth and remove much of their wealth.

Done.

Ask the Rockefeller family about it. Rockefeller nearly monopolized oil, gas, railways and processing plants and this was completely legal BUT the Citizens didn't like it so they did something about it. People retain their wealth at the pleasure of the Citizenry not at our expense.

Secondly, a family like that would NEVER have any significant amount of wealth in non-Democratic nations like China or even within semi-Democratic nations like Russia so it's never even going to happen.

Thirdly, no single family even comes close to owning 1/2 of 1/2 of 1/2 of 1/2% of the world's wealth.

Michael

China actually has a few billionaires now.

Yes but they are Chinese billionaires. We have a lot of billionaires. Bill Gates for example. The richest man in the World is Mexican. That's to be expected.

But they certainly don't own 1/2 of the Worlds wealth!

Does Murdoch comprise the other half ?

Are you trying to suggest that this one family controls the wealth of Russia, China, Japan, India, South Korea, bla bla bla....

Pull your head out. Yes they have a lot of money but they do not have any control over the Japanese or the Chinese etc...

Don't they control the central banks which basically hold the notes on the world's wealth?

Don't they control the central banks which basically hold the notes on the world's wealth?

Wrong again. I'm telling you - best to stay away from those websites you've been reading!

Wrong again. I'm telling you - best to stay away from those websites you've been reading!

They seem to explain what is going on better than anything else does. You tell me how banks can make money out of nothing at all and charge interest on it.

There are also many of those sites which say the same thing. Not all is as it appears...

Tonight on nightline they did a piece about Christiopher Reeves. It was a tender portrayal if there ever was one. Very little to no mention of the war, illegal immigration, the plummetting dollar, or plans to attack Iran soon. Now why do you suppose people check out 'those websites'?

They seem to explain what is going on better than anything else does. You tell me how banks can make money out of nothing at all and charge interest on it.


Do you mean to say you REALLY don't understand how banking works??? That's amazing!!!!!!!!:eek: No wonder you believe those lies so easily. Man!!!

To tell you the truth - I have no idea how banking works either?
I kind of thought that some how ethereal human trust is mixed with ethereal human greed (two parts to one) with a sprinkle of hope and somehow this makes the ink that is printed onto the dollars :D

To tell you the truth - I have no idea how banking works either?
I kind of thought that some how ethereal human trust is mixed with ethereal human greed (two parts to one) with a sprinkle of hope and somehow this makes the ink that is printed onto the dollars :D

I'm not sure either, but I think the reason some people believe it's a conspiracy is that it is a conspiracy. They just don't realize that they're conspirators too. Every time they accept a bank note, they're effectively saying "I too partake of the group conspiracy that this is valuable!"

On the other hand, I'm not sure why so many people who decide that money is worthless think that the gold standard is a viable alternative. Does gold really have intrinsic value? Or do people just like it because it's rare and shiny? Every time somebody accepts gold, they're basically saying "I too like shiny metal and will trade hard earned items for it!"

The only things that have real value are, well, things. So you could say that barter is the only non-conspiratorial economic system. But people found that goats and cows don't fit into their pockets as well as did pieces of paper that, conspiratorially, represent goats and cows. And if everyone shares the hallucination that money has worth, then it does, because they will trade for it. Circular logic, but when has economics ever been different? :shrug:

Do you mean to say you REALLY don't understand how banking works??? That's amazing!!!!!!!!:eek: No wonder you believe those lies so easily. Man!!!

Banking works by a certain group of people making a living off of everyone else by creating money out of nothing. Point out the lie in that statement because that is banking in a nutshell based on what I've learned by research. By the way, this is something they did not teach in my 13 years of public education and following 8 years of college/grad school.

So, the service of providing a loan is worth nothing? I guess you never bought a house or a car.

Unless your for complete socialism (with the gov't owning everything) or some kind of communist cooperative, banking is a prerequisite for any major development.

As far as Rothschild bank goes, it's not even in the top 10:

http://en.wikipedia.org/wiki/Bank#Top_ten_banking_groups_in_the_world_ranked_by _shareholder_equity_.28.24m.29

And no members of that family even make it into the billionaires club:
http://www.forbes.com/lists/2007/10/07billionaires_The-Worlds-Billionaires_NameHTML_29.html

So, the service of providing a loan is worth nothing? I guess you never bought a house or a car.
Loans on hoases are tricky because the US does it different then... Wel pretty the rest.

__________________________________________________ ___________
In short a bank is nothing more then a middle man, You as a individual has to much money (no really) so you wan't to deposit some cash. Person B doesn't have enough money in fact he want's to loan some money, So the bank loans them your money and they ask a interest up that loan. So at the end of the loan they still manage your money and own the interest they made on your money, this can be used as the bank see fit therefore they can give you a piece of slice meaning you get interest.
This is banking in a nutchell without the glitter and muck
----------------------------------------------------------------------

Banking works by a certain group of people making a living off of everyone else by creating money out of nothing. Point out the lie in that statement because that is banking in a nutshell based on what I've learned by research. By the way, this is something they did not teach in my 13 years of public education and following 8 years of college/grad school.

Nope, you are still FAR off the mark. The operation of banking is quite simple and certainly does NOT involve "creating money out of nothing." That's a complete foolish statement and an outright lie.

Banks receive money from people who deposit it in checking or savings accounts or who purchase certificates of deposit (just longer-term "savings accounts" with a guaranteed interest rate.

Then they turn around and loan that money to people buying homes, cars, etc. The interest they earn on those loans is their profit - it didn't just appear "out of nothing."

And that's the REAL, truthful version of how it works. What is your twisted, convoluted "theory" that you've learned from the conspiracy idiots???

I'm not sure either, but I think the reason some people believe it's a conspiracy is that it is a conspiracy. They just don't realize that they're conspirators too. Every time they accept a bank note, they're effectively saying "I too partake of the group conspiracy that this is valuable!"

On the other hand, I'm not sure why so many people who decide that money is worthless think that the gold standard is a viable alternative. Does gold really have intrinsic value? Or do people just like it because it's rare and shiny? Every time somebody accepts gold, they're basically saying "I too like shiny metal and will trade hard earned items for it!"

The only things that have real value are, well, things. So you could say that barter is the only non-conspiratorial economic system. But people found that goats and cows don't fit into their pockets as well as did pieces of paper that, conspiratorially, represent goats and cows. And if everyone shares the hallucination that money has worth, then it does, because they will trade for it. Circular logic, but when has economics ever been different? :shrug:Great post!

I have another question. When new money is printed how does it enter the economy?

what about one group that meet in secret and talk bout the future and know whos gonna be in politics cause they listen and then make a dicision what if they are very powerful

they might talk about things that need to be done without arguing like most people end up doing anyway

just a thought

I have another question. When new money is printed how does it enter the economy?
Usually by the banks and it leaves with the banks or a other financial institute (depending where you live). Remember it's paper it's got a relative short lifespan. And how much do you see a torn or writen on banknote.

Great post!

I have another question. When new money is printed how does it enter the economy?

In the U.S., it leaves the Bureau of Engraving and Printing (where it was made) and travels by armored car to one or more of the 12 regional Federal Reserve Banks. From there it makes it's way to the ordinary banking institutions in exchange for worn or damaged bills.

You might also be interested in knowing that there is NOWHERE near the amount of currency in existence to cover the value of what's in "circulation". The vast, VAST majority of it is just electronic ones and zeros in computer data centers in the various financial institutes. Physical cash is sometimes exchanged between banks but very, very little compared to electronic transfers where no actual bills are involved. The same is true with all credit card transactions as well. Merchants are paid in those same electronic ones and zeros and in turn send them on to their suppliers for new merchandise to sell.

The majority of Social Security and Medicare payments are handled the same way (and that's TREMENDOUS amount every single month) with little actual cash involved.

You might also be interested in knowing that there is NOWHERE near the amount of currency in existence to cover the value of what's in "circulation
You got any % on this?

Is there some way to move a few of those zeros at the end of my bank statement???
:)

You got any % on this?

Not really, sorry. But it also increases all the time.

Is there some way to move a few of those zeros at the end of my bank statement???
:)

You can have as many as you want. But they'll all come after the decimal point. ;)

a bank has to have a given amount of money in it's vault to pay out it's daily customers mostly they have a little more but it sometimes happens they come short (this is on a day to day basis). They than lend money from other banks...
I wonder where does that money realy come from If it's only france they can drive it but they might as wel lend it from some bank in Mexico. Doas this this count as virtual money that get's transfered for real money. Or now that I think of it are this usualy yust electronical bank transfers to accounts?

a bank has to have a given amount of money in it's vault to pay out it's daily customers mostly they have a little more but it sometimes happens they come short (this is on a day to day basis). They than lend money from other banks...
I wonder where does that money realy come from If it's only france they can drive it but they might as wel lend it from some bank in Mexico. Doas this this count as virtual money that get's transfered for real money. Or now that I think of it are this usualy yust electronical bank transfers to accounts?

I can only address the situation in the U.S. All banks keep a certain amount of cash on hand based on what experience has shown them that they will need on a daily basis and specific other periods - like the end of the month and seasonal variations. In addition to that, the Federal Reserve Board (FED) also establishes (and can frequently alter) the amount that they must keep on hand in reserves. That reserve money can be used for spot transactions - like cashing checks - but cannot be used for making loans or other obligations.

On occasions when their cash level falls to a certain point, they just call the branch of the Federal Reserve Bank (there are 12 regional ones with branches located in every major city) and have more delivered. Prior to the delivery, they make an electronic deposit to that Fed bank for the exact amount of cash they are requesting. There is no credit between them - they both stay in balance with each other at all times.