Subtitles section Play video Print subtitles The Rothschild family has been accused of nearly every conspiracy we could find. They're alleged to be leaders of secret societies, run the world's media and financial systems, and other shady dealings. The name Rothschild is synonymous with extravagant, old world wealth. But we wanted to find out, who exactly are the Rothschilds? In a number of our recent videos, we've seen a lot of comments asking us to talk about the Rothschild family. This family has been accused of nearly every conspiracy we could find. They're alleged to be leaders of secret societies, run the world's media and financial systems, and other shady dealings. The name Rothschild is synonymous with extravagant, old world wealth. But we wanted to find out, who exactly are the Rothschilds? Well, the Rothschild family as we know them today, began with Mayer Amschel Rothschild. He lived in the 18th century and served as a “court Jew” for German nobility. As odd as it sounds today, a “court Jew” was actually a respected banking position. At the time, the act of charging interest for money borrowed, or “usury”, was prohibited by the Bible. However, Jews had no such religious restriction, and so they were free to handle everyone's finances. Rothschild quickly amassed a huge fortune working for powerful European nobles, and married the daughter of another Court Jew. They had five sons, who each established extensive banking industries in five major european countries: Germany, Austria, Britain, Italy, and France. In order to keep their massive fortunes from dispersing too widely, Mayer forced his children into arranged marriages within the family, not unlike royal intermarriage. Moreover, his will barred female descendants from a full inheritance. Since then, the Rothschilds have built up their wealth even further by serving as Europe's bankers during major conflicts, including the French Revolution and both sides of the Napoleonic wars. They've also been involved in funding massive projects like the Suez Canal, and once even bailed out the Bank of England. But are they really part of a massive Jewish banking media conspiracy to establish a new world order, as some are apt to believe? Well, all evidence points to “no”. Understandably, many Rothschilds descendants hold high ranking business and banking positions around the world. But, it's not hard to see that old aristocratic families have greater access to opportunity, and end up in high ranking positions other people may not have access to. Additionally, although the Rothschild Group is one of the largest global investment banks, the family is not nearly as rich as some make them out to be. A frequent figure used in connection with the family's wealth is 500 trillion dollars. It is estimated that in the entire world there are between 1 and 2 quadrillion dollars, and in fact, the global GDP is reportedly less than 100 trillion. So, the idea that the Rothschilds control anywhere from half to a quarter of all the wealth on earth is effectively impossible. More realistically, The LA Times reports the Rothschild fortune is estimated between 350 billion and 1 trillion dollars, which is still a considerable amount. But that money is split among a large number of descendants, so Rothschilds rarely appear on Forbes or Fortune wealth lists. While the old Jewish banking family is certainly wealthy and relatively secretive, there is little to no evidence supporting a vast conspiracy. But chances are, people who already believe there is one won't be convinced. Another, even more popular conspiracy group is the secretive Illuminati. Do they really control the world? Is Beyonce a member? Find out more in this video. Thanks for watching TestTube News, don't forget to like and subscribe for new videos every day!
B1 US wealth banking conspiracy family jew world Who Is The Rothschild Family & How Much Power Do They Have? 35 2 Annie Chien posted on 2020/02/24 More Share Save Report Video vocabulary