According to the 20/80 rule, 20% of people possessing 80% of the money in the world. However, through the famous book about Rothschild family “The Money Master,” it gained the public’s attention that the rule does not apply for them because they seemed to control 80% money in the world for 200 years. Their $500 trillion assets helped them to influence the financial markets and governments in many nations.
The family starts from Mayer Amschel Rothschild and his five sons. Mayer earned and accumulated his earliest asset quickly during the Napoleonic Wars. He gained the 3 million British pounds from the British government and sent his five sons to five countries in Europe to start their bank business. Gradually, they became the top influencer in Europe because they buy and sell nation debts during and after the war. Indeed, they have enough money to impact the war by sponsoring money to the armies and nations. More importantly, they made most of their money by doing war-business.
Since the family was keeping a low profile after the book debunking the family history came out, lots of legends of the Rothschild family were broadcasted and correlates with the conspiracies after. In America, it was saying that: “Morgan family has the Democratic Party, the Rockefeller family has the Republican Party, and the Rothschild family holds both of them.” The family became more and more mystery and it caused the imagination that Rothschild is always behind of kinds of conspiracies.
It also brings professionals doubts on the amount of asset under this family’s account. Although the family is very discrete about their wealth and operation to the public, the $500 trillion is never easy to hide from the world. In addition, if they had $500 trillion in 200 years, based on the 6% inflation rate, it would be a huge number now. Also, the world’s total wealth was estimated at only $250 trillion four years ago.
Fortunately, more people nowadays regard the book as a novel because of the bizarre stories and exaggerated numbers. There are many settings in the book about Rothschild family that do not make any sense when we have basic knowledge about the economy, it is easy to spot what is truth and what is a fabrication. What was involved in this conspiracy about Rothschild is augment from ignorance. Rothschild family’s myth of wealth is something cannot be proved, so people who make up the conspiracy would insist their point until the family shows the public their bank deposit.
Evon, Dan. “Rothschild Family Wealth,” 30 Oct 2016. Available online: https://www.snopes.com/fact-check/rothschild-family-wealth/ [Accessed in 2019]
Philpot, Robert. “The Rothschilds, the banks and antisemitism – the truth and the myths,” 11 Dec 2017. Available online: https://www.thejc.com/news/news-features/the-rothschilds-the-banks-and-antisemitism-the-truth-and-the-myths-1.450112 [Accessed in 2019].