The Rothschilds revolutionized banking by shifting from lending to individual kings (who died with their debts) to lending to entire nations, thereby creating a more stable and sustainable financial system that became the foundation of modern international finance.
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The Fact Your History Teacher Skipped đ«đ«AjoutĂ© :
minutes. Stay with me. Here is the fact your history teacher definitely skipped.
Before the Rothschilds, lending to a king was a terrible business. Kings borrowed, kings died, debt died with them. Bankers had backed the wrong monarch for centuries and lost fortunes doing it. The Rothschilds fixed this with one elegant, brutal idea. Stop lending to kings, start lending to nations.
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