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That is both historically untrue and stinks of anti-Semitic slander passed as fact - following the age old tradition of blaming the Jews for mismanagement by no
by Nasrudith 8y ago
That is both historically untrue and stinks of anti-Semitic slander passed as fact - following the age old tradition of blaming the Jews for mismanagement by nobles and royals because that wouldn't get you executed. The Rothschildren were certainly /not/ the first being established in the 18th century. Given that the more reputable central Swedish bank used it in the 15th century - let alone the shadier practices of other banknote institutions that predated them.
As for the 100% retention idea it is like complaining that a car isn't a faster horse. There may be some fringe cases when the horse is better but most of the time the primary use was going fast across paved roads.
To be a good steward involves investment - just any asset sitting stored is a waste of value and will not even preserve it against inflation. It is the red queen's race.
- yeahitslikethat 8y agoOK i restate. Replace, in my original post, "Rothschildren" with "goldsmithers." I didn't even know they were Jews and that whole bit is ad hominem at best. But my point remains. My money is not the bank's asset. Neither is the stuff I put in a storage unit at public storage. Imagine if they were loaning out your stuff while you were away. If I choose to invest my money that's my right. It's not your right to choose how I invest my money. Going faster isn't a reason why it should be OK to steal people's money when you're saying you're keeping it safe. Lies like this brought down the entire world economy. Wars were started. Lives were lost. But you suggest it's better except when it's not? I don't agree.