Nataniel Mayer Victor Rothschild, 3rd Baron Rothschild:- "It requires a great deal of boldness and a great deal of caution to make a great fortune; and when you have got it, it requires ten times as much wit to keep it."
- "When there is blood on the street, I am buying."
- "I care not what puppet is placed on the throne of England to rule the Empire, ...The man that controls Britain's money supply controls the British Empire. And I control the money supply."
- "Faithfully guard your reputation."
- "Never have anything to do with an unlucky place, or an unlucky man. I have seen many clever men, very clever men, who had not shoes to their feet. I never act with them. Their advice sounds very well, but they cannot get on themselves; and if they cannot do good to themselves, how can they do good to me?"
- "Make few acquaintances."
- On purchasing power of currencies: "I believe that money owed by one country to another, or one country to banks, or whatever it is… it will never be paid back. It could only be paid back by borrowing more, which is the same thing… it won’t be paid back. The situation is what it is. Loans were… loans were made to South America… practical none have or will be reimbursed. The countries were broke. So… or to Africa, so it has to be consolidated… if it’s done by banks, it has to be consolidated by governments.
Q.- But is there a risk of massive deflation? Will, for instance, Canada and the United States that owe a lot of their money to foreign banks in Japan or elsewhere… can they go broke?
R.- No… it doesn’t work that way. If you look historically, you realize that borrowing and at the later stage government borrowing, or borrowing from one country to another on the virtual governmental level, something that has always existed that has grown ever since, I don’t know… King Solomon, with his silver mines in Israel or in Palestine. And it has never been reduced… the total volume of indebtedness has grown faster or slower, depending on time, but it has never disappeared… it has never been contracted. Impossible. What happens is… as time goes on, currencies go down. Now I’m not talking about the currency of one versus the other. I’m talking of… the…( byuing power) - Baron Rothschild
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Jumat, 10 Juli 2009
Timeless quotes by Baron Rothschild
Senin, 23 Juni 2008
Baron Rothschild quote.
>> Old Baron Rothschild when asked how he makes so much money:
"I have found an easy way and I stick to it. I simply cannot help making money. I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon."
__________________________
Again just to reiterate and confirm for my own conviction:
> Always try to bend against common logic!
> Always do the HARD thing as the easy way always leads to ruin.
> There is no easy way for the common human being as the mainstream Joe is always too busy to study and live in accord with nature >>
so 95% of people always live against the natural way and that's because choosing the easy way is wrong as this is just the wrong human perception..
>>> Just as one evolves and finds energy and courage to live by the natural way he finds that the HARD thing and the RIGHT thing converge - and then the simple is not easy but correct.
That's why in the beginning there is always necessity to apply unhuman portion of intent to change the life, the rules, the perceptions, the decision-making process, the thoughts, the areal, the people.
A TURNAROUND doesn't happen in one day - it is a PROCESS. Such as LIFE - it is a constant process of evolution, change, transformation and sublimation.
Just need an vigilant eye and courage to appy change.
"I have found an easy way and I stick to it. I simply cannot help making money. I will tell you my secret if you wish. It is this: I never buy at the bottom and I always sell too soon."
__________________________
Again just to reiterate and confirm for my own conviction:
> Always try to bend against common logic!
> Always do the HARD thing as the easy way always leads to ruin.
> There is no easy way for the common human being as the mainstream Joe is always too busy to study and live in accord with nature >>
so 95% of people always live against the natural way and that's because choosing the easy way is wrong as this is just the wrong human perception..
>>> Just as one evolves and finds energy and courage to live by the natural way he finds that the HARD thing and the RIGHT thing converge - and then the simple is not easy but correct.
That's why in the beginning there is always necessity to apply unhuman portion of intent to change the life, the rules, the perceptions, the decision-making process, the thoughts, the areal, the people.
A TURNAROUND doesn't happen in one day - it is a PROCESS. Such as LIFE - it is a constant process of evolution, change, transformation and sublimation.
Just need an vigilant eye and courage to appy change.
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