In Currency War, the story about a family is very detailed. This family is the protagonist of today's article, "Rothschild family".
There is a passage in the book: "This family controls most of the property in this world. In order to control the world, they also launched two world wars. The horror of this family frightened the people in the world at that time and dared not touch it. " The Rothschild family once ruled the world economy for more than 200 years with strong strength.
So is this really true? Or is this family real? I believe everyone is curious about this question.
Of course, the Rothschild family is real, but it is a bit exaggerated to cause two world wars. After all, once this large-scale world war breaks out, no matter how powerful the country is, it can't control the war. Even though the Rothschild family has a long-standing reputation in Europe, it is unrealistic to say manipulation in front of many world powers.
Meyer was born in 1744 in the Frankish area of the Roman Empire. He was the founder of the Rothschild family. Meyer first engaged in currency trading in Germany. With his strong business mind and superb interpersonal skills, he successfully earned his first bucket of gold.
The reason why he chose to buy and sell money was actually related to the principality system in Germany at that time. At that time, German principalities were everywhere, and each principality had its own monetary system. In this case, Meyer's career is equivalent to foreign currency exchange. After that, he went to Frankfurt for further study, not only dealing in ancient coins and antiques, but also involved in the exchange of gold and paper money.
Slowly, Meyer's vision widened. He wanted to explore a broader economic market, so he took his five sons to other European countries and wanted to win the whole European market. Just at this time, the civil war in Europe caused a serious shortage of foreign exchange in Europe, which made Meyer and his five sons think that the opportunity came and started to engage in foreign exchange business.
Take the pound as an example. They buy at the lowest exchange rate and sell at the highest exchange rate. The profit earned by this simple and rude way is quite high and unprofitable. In just a few years, Meyer has established himself in Europe and owned his own industry.
Later, they continued to develop new businesses, including providing loans to the government, sending special personnel to take care of the finances for the royal family, issuing bonds to raise funds for local governments, and investing in industry and mining, and relying on their strong contacts, they made huge profits in Europe.
According to statistics, in the middle of19th century, the Rothschild family was already the richest family in the world, with a lot of minerals and 6 million pounds in cash. Such a huge asset even far exceeds the sum of several aristocratic families. It is no exaggeration to say that the economy has been manipulated in some ways for 200 years. So what is the strength of the Rothschild family today?
The strength of the Rothschild family is not as good as before. Many members of the family are scattered all over the world and have little contact with each other. And now the economy is developing very rapidly, and many families are rising strongly. Times are changing, talented people come forth in large numbers, and no one can always be the best.