That in silver dollars would exceed the mass of the known universe.
Punch line: Compound interest is an expanding exponential function or explosions. They are not stable and tend towards infinity. In engineering, we design system to be stable. In terns of interest, this would be an average rate of zero.
That is why the old wealth is now in the Trillions.
can't we just have a conversation about the rothschilds for once without being racist against jews? i'm willing to accept that they are a rich evil family but i can't tolerate insulting jews unrelated to the family! " i have many jewish friends!"
We also have no idea how much counterfeit money is floating around either. Billions sent to the middle east on palettes, foreign government printing presses making US bills etc. When you get into M3 which includes all sorts of dubious stuff, it becomes an explosion of bullshit.
Starlink earns him a ton of money too. He actually produces something useful (and apocalyptic) not like those other parasites and monopolist billionaires
Musk owns several revolutionary companies, tesla and spacex are the most famous, followed by the boring company, a tunnel boring machine manufacturer and operator, soon to be very wealthy.
and neuralink, a company working on direct brain to computer interfaces, who will be more distantly wealthy since the FDA approval process is so slow.
Well...stocks!
His stocks worth $185 billion. Tesla's share price went up after democrats won the senate and people expect they would usher in a new green agenda (which is WIN for Tesla).
It's all about expectations...
If you control the money supply or had great wealth generations ago, and lent it out with compound interest, then your wealth has been increasing exponentially. You can use the future value (FV) function in a spreadsheet and do a few experiments. It doesn't take more than a few generations for family wealth to explode.
well, the meaning of usury evolved over the years, if we're using the old definition then every bank practices usury, if we are using the new one, then no bank would use usury as it would be a losing trade in a competitive market "the banking sector is fairly competitive".
Yes, it’s sad to see you can’t, these families are old and large,There’s well more than a hundred of them and their associates/partners, never mind the extended family.
you should know families have children and grow in size, and over twenty years is enough time for a new generation to be born, grow up and inherit.
you should also know children suck at retaining unearned wealth, (they often lack the knowledge and skill on how the company was created and made its profits and tend to fuck with things) on average by the third generation over 70% of Families have lost their fortune.
Yes, Elon’s going to be selling bridges on Mars one day, no conspiracy required.
musk’s companies today are producing much more wealth, new technology and useful products than anything the rothschilds are up to now.
Hahaha that is the stupidest thing I've heard today, you have no idea what you are talking about, how banking works and the history of the Rothschilds.
I do know, but it's clear you don't know anything about Musk as the reference clearly went over your head, keep peddling the half true conspiracies, maybe if you do it long enough it may become true enough.
Imagine EO roping them and returning that wealth to its rightful owners.
If only.
Source on this?
they don't want you to know who the old (((families))) are
OY VEY.
Compound interest is a scam. Lets say that Jesus had a dollar and put in into his 401K plan and earned 7% interest each year. What would be worth now.
Go to Excel or Open Office enter this into a cell: =FV(0.07,2000,0,1,1)
$58,553,838,483,800,200,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00
That in silver dollars would exceed the mass of the known universe.
Punch line: Compound interest is an expanding exponential function or explosions. They are not stable and tend towards infinity. In engineering, we design system to be stable. In terns of interest, this would be an average rate of zero.
That is why the old wealth is now in the Trillions.
can't we just have a conversation about the rothschilds for once without being racist against jews? i'm willing to accept that they are a rich evil family but i can't tolerate insulting jews unrelated to the family! " i have many jewish friends!"
You forgot the /s
We have no idea how many people voted in the election. You think we will know the feds m3 account numbers ever?
We also have no idea how much counterfeit money is floating around either. Billions sent to the middle east on palettes, foreign government printing presses making US bills etc. When you get into M3 which includes all sorts of dubious stuff, it becomes an explosion of bullshit.
How does this guy earn his money again ?
I know he makes luxury electric cars that few have the money to buy.
He also makes space exploration rockets - but that COSTS billions and earns NOTHING, right ?
Obviously I am poorly-informed ...
Starlink earns him a ton of money too. He actually produces something useful (and apocalyptic) not like those other parasites and monopolist billionaires
Musk owns several revolutionary companies, tesla and spacex are the most famous, followed by the boring company, a tunnel boring machine manufacturer and operator, soon to be very wealthy. and neuralink, a company working on direct brain to computer interfaces, who will be more distantly wealthy since the FDA approval process is so slow.
Well...stocks! His stocks worth $185 billion. Tesla's share price went up after democrats won the senate and people expect they would usher in a new green agenda (which is WIN for Tesla). It's all about expectations...
what's the evidence that there are people who have this much money?
If you control the money supply or had great wealth generations ago, and lent it out with compound interest, then your wealth has been increasing exponentially. You can use the future value (FV) function in a spreadsheet and do a few experiments. It doesn't take more than a few generations for family wealth to explode.
Basically anyone who owns usury based banks are trillionaires.
well, the meaning of usury evolved over the years, if we're using the old definition then every bank practices usury, if we are using the new one, then no bank would use usury as it would be a losing trade in a competitive market "the banking sector is fairly competitive".
Read this and start your investigation, you will find articles, books, documents, but there is no official data them saying "this is how much we own:..." The article explains why. https://archives.infowars.com/rothschilds-rockefellers-trillionaires-of-the-world/
Can you read op? The article is correct, he’s the richest person, not persons, not family, a person, an individual you might say.
Can you think? Then divide 100Tril by 10 or even a 100, adjust to inflation and add the profit of 20 years too. Ugh.
Yes, it’s sad to see you can’t, these families are old and large,There’s well more than a hundred of them and their associates/partners, never mind the extended family.
you should know families have children and grow in size, and over twenty years is enough time for a new generation to be born, grow up and inherit.
you should also know children suck at retaining unearned wealth, (they often lack the knowledge and skill on how the company was created and made its profits and tend to fuck with things) on average by the third generation over 70% of Families have lost their fortune.
If you think Musk is richer than David Rothschild or the Queen of England then I got a bridge on the Moon for sale
Yes, Elon’s going to be selling bridges on Mars one day, no conspiracy required. musk’s companies today are producing much more wealth, new technology and useful products than anything the rothschilds are up to now.
Hahaha that is the stupidest thing I've heard today, you have no idea what you are talking about, how banking works and the history of the Rothschilds.
I do know, but it's clear you don't know anything about Musk as the reference clearly went over your head, keep peddling the half true conspiracies, maybe if you do it long enough it may become true enough.
You don't know squat only stupid one liners