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Huuuge and Billionaire Casino and betting both sides better odds to play baccarat

I saw some posts suggesting to bet 5 million each on red and black on roulette to level up quicker. You could do the same thing betting banker and player on baccarat. You will lose 5x less doing this on baccarat. But a lot of real casinos will void your play if you try this cuz you're not putting any chips at risk, who knows if these fake chips casinos will do the same. I think if you don't get credited which happens a lot even if you play slots all the way, you might get denied when you submit a ticket if they check your play logs. Doing this when you're like 90% done with the offer is kind of a dumb risk imo. The current samba slot club event is paying out good, you can play that or any other slots and earn club events points to help out.
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Fuck you media - Why GME is more than a trade (from german wsb)

// I posted this on the German Wallstreetbets subreddit earlier today and got a hint that a translated version would be relevant for you guys as well. The good https://www.reddit.com/useatticus_marmorkuchen has thankfully translated the text and replaced a few German terms with the American terms. You can find the original thread here: https://www.reddit.com/mauerstrassenwetten/comments/l6s69h/fickt_euch_medien/ - Stay strong my retards!

Hello everyone,
as we all know, the majority of mainstream media is now aware of our situation and they are calling us gamblers and „internet kids“ who don’t understand the market. Perhaps this is due to billionaire market manipulation, perhaps it is what they really think about us. Either way, it makes me fucking mad.
I’m well in my 30s now, worked for over 10 years and did everything they expected of me: A bachelor and master in engineering, then even an MBA after that. I started work-live at 22 and did my two masters degrees simultaneously, just so I can start growing my 401k as early as possible.
By now I make 140 000 $ a year. During all this time I industriously invested in ETFs and the like. I even bought a few cryptos here and the odd share there. Every two years I get a letter telling me that I just earned another 2 points for my pension fund and that in the future I will be eligible to receive my long awaited retirement money. Roughly 3 000 $ per month (before tax).
3 000 $? This is about 26% of my current monthly income. This is a fucking joke. And you know what drives me mad? I will have to tax it 100%. I don’t profit from all the tax cuts boomers got in the 90s and early 00s.
Do you understand what I want to tell you? Do you get it now? We can already see, that all future generations are fucked. And meanwhile we are bailing out boomers who back in the days could afford to buy a house with a stupid 9to5 where all you had to do was clock in. With a safe job that didn’t require you to be flexible and work after hours. And these people now are telling us we are gamblers and we „should just work hard“ so we can earn our property.
Now let’s talk about GME. The internet kids that are fucking over the hedge-funds and wall-street. The inexperienced, stupid traders that violate the rules of the market.
Rules? It was you! You made these rules. You told us what we are allowed to do. And now we have found a stock, that we maybe even have a little nostalgia attached to (despite their terrible trade-in offers, it was always a place where you could hang out with friends to browse and it was a cool hotspot for gamers). And then we see the numbers, see the percentage of shorts, the incredible amount and wonder: is that justified? A company, that tries to reinvent itself and payed off their debt. And we realize, that the stock was perhaps a bit underrated.
So the internet starts to discuss. Numbers are collected, DDs are produced, analysis published. And we don’t need you for that. We don’t need CNBC, WSJ or The Post. All the information is on the internet, free for everybody to find. And finally even the last retard sees and understands: Your greedy hedgefunds fucked up. Big time. You fucked up and now we can profit.
And it makes me mad how we are getting blasted from all angles now, how they even consider halting the trade for 30 days. Where were you, when Lehman fucked us over? Where were you when the dotcom bubble burst? Where were you, when millions lost their homes over some bust in the casino full of fancy dressed suits that we call the wallstreet? Right…, I forgot. It only affected the guy from the street and not the real big players. Because them you bailed out.
And where are you now, when Corona (not only) financially fucked a majority of our generation and probably the generations to come? Where are the bailouts for students? Where is our rent bailout? 600 $? Is this a joke? Many people are lucky when they can even survive 1 month longer with that.
Fuck yourself. You don’t give us the chance for a secure retirement, you don’t give the young generations stability during the crisis. We are starting our working life with the perspective, that in the end we could very well end up in poverty and at the same time encourage normal people to make debt that they perhaps never will be able to repay.
And then you disgusting animals are mad when we buy GME after your old friends have become too greedy and we see our potential for good a good return.
But I will HOLD. I will never stop holding. And I will refuel the rocket. Because I can. And because with every single penny that I put into GME, some jerk on Wallstreet will choke and the suits start gasping.
submitted by Sad_Chemical_4211 to wallstreetbets [link] [comments]

Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

Galactic Economics 2: Trustworthy

RoyalRoad
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Next
Jen and Sarah spent the next week doing research. The Internet was filled with contradictory information about monetary theory and economics, and neither of them really had the background to evaluate the arguments that everyone was having.
However, Sarah reminded them both, they didn't need to look at a perfect system, just one that worked. So, they started digging through Wikipedia articles and online textbooks on the history of money and how they came to be.
"Hey, did you know they used to use salt as currency?" Sarah asked as she skimmed through a particularly fascinating documentary about Middle Age East African economies.
"Is this some kind of joke about mining salt?"
"No, it's real, look. And apparently the word salary is from the Latin word salarium for money used to buy salt," Sarah continued fascinated.
Of course, they couldn't use something as simple as salt to represent money. In fact, they couldn't use any commodity either.
Over the last week, one of the alien traders caught wind that gold was extremely valuable on Earth, so they'd brought them in by the ton load. Gold was still useful for electronics and some dentistry, but the price of gold, mostly propped up by its value in rarity, crashed hard.
The problem with currency in galactic trading, as Sarah discovered, was that there wasn't a single commodity that was equally rare in every system.
No, whatever alternative they come up to the laughably outdated barter system had to be built on something far more rare and valuable than gold.
Something that even the most powerful human empires in history have struggled to collect.
It had to be built on trust.
"That's the system most modern currencies are based on," Sarah claimed, "you only accept dollars for work because you trust that you're going to be able to wake up tomorrow and spend it on… everything you need."
"Hmm well, we can't just ask them to take US dollars," Jen giggled. This would be so much easier if that weren't true.
"Why not?" Sarah asked, playing the devil's advocate.
"Well… well, like you said, they won't trust it! I certainly wouldn't if I were a trader! Furthermore, who knows? Maybe they have a printer in their ship that can duplicate money! Maybe we should ask them for that next time we bring Zarko some pears," Jen said, thinking out loud.
"I doubt it. The government keeps a lot of secrets about how they make Dollars , and I don't want the Secret Service knocking on my door," Sarah said. Until this week, she hadn't known that this was one of the lesser known duties of the USSS. Now that she knew it, it made the thought of attracting their attention even less palatable, "you're right. What about digital casino tokens? We can produce something that translates to Dollars and have our own system that tracks it all."
"Sure, that's not too hard to make. We would have a centralized money supply, where we don't trust each end point…" Jen continued on the brainstorm, thinking in terms of the technical system, "ok, so say we make SarahBucks, and peg its value to the US Dollar. One pound of pears would be worth 1.5 SarahBucks, one pound of sirloin steak is 6.99 SarahBucks at Safeway. That still doesn't explain how we'll get people to use it."
"I'm not sure. I need to think about this more," Sarah yawned, tired. "And I hate that name."
They agreed that they were stuck, and that SarahBucks was absolutely a terrible name.
Livermore Spaceport, Earth
A month after the spaceport opening, Sarah noticed that it had become less of a tourist attraction. There were far fewer people standing around gawking at the aliens, and a lot more companies trucking their best-selling products into the spaceport for trade.
After their abuse of Jen's cousin's employee pass got discovered by the spaceport authorities, Sarah and Jen had started placing their own bids on getting into the spaceport through the official channels. Thanks to their existing connections with the managers at the spaceport and a growing bank account of value, they could still get in to continue their lucrative trade for magical alien goods.
A bit of a rich-get-richer type of situation.
The flavor of the month were these Bohor magical air filter machines that aggressively scrubbed the air of… anything you want them to.
The Bohor planet is basically the planetary equivalent of a toxic dump.
Sure, it had biomes; it wasn't a Star Wars sci-fi planet where the entire planet is either a desert or an ice-cold tundra or a forest. But the entire planet had been polluted so heavily by its occupants that it lowered the life expectancy by half before the Bohors found a solution:
They simply filtered their entire atmosphere through air filter machines and then buried the toxins and garbage they got out of it in a very deep landfill, somewhere where very few people lived. Pretty much the kind of solution you'd expect out of a species that created the original problem in the first place.
Zikzik, the alien that was the same species as Zarko, overheard a human asking about their rocket fuel and climate change, and brought in a cargo hold of them.
It was a massive hit.
Earth's climate change problem wasn't nearly as bad as Bohor, but it was relatively simple to program these machines to suck carbon out of its atmosphere and… bury them in a landfill.
At first, few of the human traders bought them, thinking that it was going to be at least a while before the problem became big enough that big governments were going to come to them to try to address the issue, but they had it all wrong.
Soon as word got out this was an option, big companies and philanthropists started lining up at their doors. As it turned out, literally sucking the carbon dioxide out of the air was easier and cheaper than modifying many of their industrial practices to actually be environmentally green. They didn't need to run more efficient factories to claim to be carbon-neutral; just pump as much carbon into the air in exchange for undoing that by sucking it out of the atmosphere after!
Some bean counters at a think tank in DC predicted that a few more shipments of these air filters will fix Earth's climate problems by themselves in about a decade, so every trader had a waiting list of corporations with PR problems willing to buy them.
Sarah and Jen had a couple vehicle manufacturing companies on their list who were trying to get Bohor air filters to use in lobbying for looser emission standards for their dirty gasoline cars.
Today, there were traders on all the landing pads, and they were all carrying air filters. Zarko's ship was there, and he was loading fruits into his spaceship with an alien looking forklift. Sarah and Jen approached his ship and noticed the truck driver standing there.
"Hey Benny, tempting the poor aliens with cherries this time?" Sarah waved good, grinning and looking at his cargo.
Technically, Benny is a competitor, or at least he drives for a competitor. The massive fruit conglomeration he worked for, Chuckita, had not neglected to notice the massive business opportunity sitting right here as many others have, and are now delivering straight to the aliens in exchange for massive profit margins.
But Benny was a good guy. One time Jen and Sarah were having some trouble finding a buyer for a bunch of legally dubious alien psychedelics. Benny was in his late 50s, not that great with the Internet either, so he'd introduced them to whom he referred to as "my money launderer". Aka, his 22-year-old son, Benny Jr, who had a habit of buying weed and other less than legal items off the deep web. Benny Jr had found a buyer for them within minutes and even generously offered to handle the deal for them to spare them the risk of meeting some psycho hopped up on an alien high in a dark alley somewhere.
"Heh! One of the bat aliens loves sweets but has a low tolerance for sour, so they treat cherries as some kind of an odd challenge fad. They eat a random cherry, and it's either so incredibly sweet they start drooling out of the mouths, or it's a sour one, and they freak out," Benny replied, in a low voice as if he were trying to keep it a big secret. "Zarko showed me a video, and it's the most hilarious thing I've ever seen".
"I think I've seen that one, have you seen the one where they drink wine?" Sarah chuckled at the memory. Alien videos have been a big hit on YouTube. Some human merchants were trading fruit for aliens to take videos of the galaxy. Which they monetized, of course.
"No," Benny's ears perked up. Chuckita doesn't make wine, but if selling wine to aliens was going to be a thing, they were a big supplier of grapes… "Is it gonna be a thing?"
"Well guess what we brought today?" Jen also grinning from ear to ear, and holding up a big carton of low-quality box wine.
"Awww seems like I'm always one step behind you guys," Benny moaned in exaggeration, "I tried to get my money launderer to tell me what aliens would want but all he does is play video games on the Internet, kids these days."
Luckily, Zarko chose this moment to step out to spare them from more good-humored ribbing from the boomer. "Ah Sarah and Jen, you brought the grape wine this time!"
"Yup," Sarah beamed, "and I see you've run out of air filters to trade again!"
"Sadly yes," Zarko tilted his head in shame, "my ship is overdue for a cargo space upgrade, but I haven't found a port that would do it for fruit yet. Next time?"
"Alright! Alright! We'll leave our special wine with you, but you better get us some extra good filters next time!" Jen scolded mockingly. Zarko has gotten a lot more comfortable doling out IOUs since the first time.
"Of course. Only the best for you two," Zarko said with a greasy human smile imitation that almost made Sarah laugh out loud. It reminded her of a ridiculous cartoon sloth.
"By the way," Sarah asked casually, "how much is a spaceship worth on your planet?"
Zarko sobered up his expression and looked at her curiously. It was a question that other humans had asked before. To him, it was a good sign. This meant that they all dreamt of the stars. But he didn't expect such a question from someone as seemingly practical as Sarah. She had a lot of fruit, sure, but fruit doesn't build spaceships.
After thinking for a while, he replied honestly, "ships aren't traded for one single item. My family traded for the parts to build mine for generations."
He pointed at his spaceship.
Zarko proudly explained, "this is the work of eighteen generations of trading. My family was one of the richest on Zeep-zep. For thirteen generations, they traded for each of the parts on this beauty. Then, for the last five, my ancestors traded excess food from the tenant farmers on their land to expert craftsbeings that could put it together."
"Wait, eighteen generations?" Jen gasped. Eighteen generations ago, her family were probably peasants on a farm in Korea or something…
"Yes," Zarko said, looking at them with a little of pity. "After getting the spaceship, my family has traded in it for twelve generations, through civil wars and disasters."
He did some math on his hands, and said, "that's about four hundred of your years. That's why it's very unlikely that you will never go to space."
Looking at the stunned expression on their faces, he tried to lighten the mood. Zarko said mischievously, "unless you're willing to part with some more of your fruit, in which case I'll let you sit in the back seat for a whole route!"
"Hold on, back up, I'm still stuck on the multiple generations part," Sarah said seriously. "You're saying you're flying on a spaceship that started to be built thirty generations ago? That's… about a millennia for us."
"Yes," Zarko answered, "and that's why only thirteen families on my planet have had the privilege of owning one in our long history. No offense, but that's why I think no human will ever own their own spacecraft for at least fifteen more generations."
Something is wrong here, Sarah thought. The budget for NASA's FTL spacecraft was in the hundreds of millions. Yes, for a fruit farmer, that would be many generations of work if all their descendants worked in the same industry. But there were over three thousand billionaires on Earth, not including the tens of thousands of corporations that had assets or market value over a billion. And the prices for the spacecraft would surely go down as time went on…
For a planet like Zarko's to only have thirteen spaceships over generations of their development…
As they were walking away, Benny asked, "have you guys noticed something weird about the way these aliens do business?"
"Yes." "God yes." They said in unison.
"We've been thinking about it for a while, but these guys not having money is a major problemo," Sarah said, looking around surreptitiously, "Zarko and Zikzik keep talking about not being able to find someone who can upgrade their hulls for fruit. And sometimes they come with nothing good, and we're supposed to just drive our fruits all the way back!"
"And if you think about it, if they were human ships, think about truckers who don't own their trucks. We'd have loans or something to deal with the cargo space problems, and they'd be paid for by profits in a few trips," Jen added.
"The numbers he gave us for spacecraft ownership seem insane," Sarah agreed. "Your company could probably afford to order one right now, not to mention hundreds of others. They must all be dirt poor!"
Benny seemed relieved that he wasn't the only one who was thinking this, "exactly! I'm thinking we just introduce them to the concept of Benjamins and solve all their problems and ours. Would certainly make the return trip a lot easier for me if I didn't have to drive all the way to Berkeley for junior to launder all this crap!"
"We thought of that too," Sarah said as Benny pretended to groan again, "but we couldn't figure out how to get them to take money with no intrinsic value."
"Oh that shouldn't be too hard," Benny said, who's clearly already thought through this problem in his head, "we play a little game called good cop, bad cop."
"Good cop bad cop?"
"Sure, it's a mind game the cops play, where they put you in a room-"
"Yeah we know what it is, but how does that help us?" Sarah said impatiently, an idea tugging on her subconscious.
"Well you see," Benny clearly smugly enjoying this moment where he's thought of something that the duo did not, "you two come with an empty truck next time, and you tell Zarko that you'll give him a wad of clean crisp cash, fresh from the bank, for some of his air filters. And when he asks you why he'd take the cash, you just tell him that he can give it to me in exchange for some of my fruits."
"What does that have anything to do with good cop bad cop?!" Jen asked.
"That has nothing to do with good cop bad cop," Sarah chimed in, but the idea was beginning to form in her head, "but it's a good start. We don't want to deal in cash. It's too risky. It could get the feds onto us and there's a bunch of laws around it that I'm not sure about."
"But what we can do is have an internal money system for traders pegged to the US Dollar!" Jen completed.
"Yup, so when Zarko comes back next time, we tell him he has an account with the Bank of Benny, we give him a fancy looking card that has his bank account number and give him a pin code, and we deposit a certain amount of BennyBucks into his account for giving us air filters. Then when you come around, Zarko gives you his card and pin, and gives you BennyBucks for your fruit," Sarah finished.
"Aha. And then I come to you two, say, I would like to convert BennyBucks in my Bank of Benny account to good old American dollars," Benny extrapolated, completing that final step.
"Yeah! We'll just wire you the money and everyone gets theirs," Sarah exclaimed, happy they've finally thought through the loop and gotten someone on board.
"BennyBucks is a terrible name though," Jen said, calming everyone down a little, "and why are we getting so excited over the basic concept of currency? And why haven't aliens figured this out? Maybe it's against some kind of space trading code."
"Who knows? Maybe we just try it on Zarko and see if it works out," Benny said, a glint in his eyes, "and then we expand, galaxy-tically."
"Galactic credits!" Sarah exclaimed, "that's what we'll call it."
They agreed that it was the least worst name that they'd come up with so far. It was boring, but when it came to finances, maybe boring and cliché was a good choice after all.
"Explain again. I am trying to understand," Zarko said two days later as he offloads the air filters he'd promised.
"C'mon dude, for the fifth time," Sarah exasperated, "it's not that hard. We give you a bank account card and have you set up a secret number…"
Jen had spent the last two days coding up a storm. Technically, a simple debit system wasn't that hard, but she had to make a website interface that Benny could go up to and enter his account, Zarko's card information and amount, then let Zarko type in his code…etc. She'd mused that it would have been easier to just do this all in a cloud-based spreadsheet, but that wouldn't scale up if they had more customers.
Sarah had the account cards laminated and designed a logo: the letters GC, for Galactic Credit, and a stylized version of a Milky Way in the background. Part of the value in a trustworthy system is to look official, and you can't get much more official than laminated cards.
"Yes, I understand that part," Zarko said, clearly displaying his frustration on his facial expression as well, "but I don't understand why Benny would give me his fruit for just entering a number."
"Because we have an agreement with him that he'll take it in exchange for fruit!" Sarah was sure this was the umpteenth time she had to explain this, but clearly Zarko was not getting it.
"Is it similar to a debt?" Zarko said suspiciously, as if debt was this dark magic that the humans were performing on him, "I have never heard of this kind of debt before."
"Yes, it's a debt, of sorts," Jen cut in. The last time he had asked this exact question, they'd said no, and that led to fifty other questions and explanations that went nowhere, so nothing could go worse if they said yes-
"Ok. I don't understand," Zarko did his sloth version of a sigh, it was cute, but at the same time frustrating for Sarah and Jen, "But I can try it. I know you two are not trying to trick me. Do I get my fruits before I take off?"
"Yes! You go to Benny-" Sarah started.
"Yes! And that's it. Benny gives you his fruit," Jen cut her off, knowing that this was about to launch into yet another long, long line of questions they just can't deal with right now.
Sarah set up a new account for Zarko, asked him for a 6 digit base ten pin code (thank god Zarko was a ten digit species) which he promptly memorized, and hoping that Jen's prototype website wouldn't fail, showed him how they were "giving" Zarko 40,000 Galactic Credits for 8 Bohor air filter machines into his account ("No, you can't have my iPad. It's on your account card now. Show this to Benny later.")
"Well that worked out great," Benny said as he watched them wire him the $25,000 for his truck shipment of fruit. Though his costs were in the low thousands, he could have easily fleeced Zarko for his full 40k. But they all agreed that wasn't the point, which was to get Zarko to see the benefits of using a currency system abstracted from goods and services.
"Dude, you weren't there," Sarah complained, "I don't understand why he had such a hard time understanding money. Money equals goods. Bing bang boom. It's like these guys don't have the capability for abstract thinking."
"No they definitely do. You can't build spaceships without abstract math and science," Jen said, "but he clearly had a deathly aversion to using money. I think it's tied to some taboo to debt somehow. All the other species must have it because none of the aliens we've met have even mentioned anything close to a real economy."
"Whatever it is," Benny sighed happily, "I'm just happy I didn't have to go home with my truck full of weird alien toys."
"Yup. The next step is to get all the human traders to take credits. At least they'll have no problems understanding the benefits."
Sarah made some calls to the trader licensing office at the spaceport. There she found a manager willing to part with phone numbers and contact information for the other human traders, for an "information fee" of course, and started making calls to the other human traders.
It wasn't easy. Some traders were representatives of bigger food companies, and didn't have all the flexibility to make these kinds of decisions. And others no doubt were thinking of copying their system for their own profit. But they all saw the benefits of a unified network of currency debiting because they've been suffering the same problems that Sarah, Jen, and Benny had been.
Over the next few days, all the human traders agreed to take galactic credit from the aliens, which they knew they could exchange for cash with Sarah and Jen.
"We are officially in business."
In economics, there's a distinction made between different kinds of money. There's commodity money, usually gold or silver. There's representative money, which is currency backed by commodities like gold or silver. And then there's fiat money, which is not backed by any intrinsic value, but rather by government decree, hence fiat.
Galactic Credits fall into some kind of weird hybrid category between representative and fiat money. They're backed by the Dollar, which is fiat money, but also which makes them representative money. This means that the people issuing them, in this case Jen and Sarah, are not supposed to create them without also having a corresponding US Dollar in their bank account.
Of course, Sarah and Jen hadn't signed an ironclad contract with the other human traders that they're always guaranteed to take their galactic credits and exchange for money, so technically that meant that one day Sarah could simply "deposit" a large number of credits in her account and buy all the goods she wanted from Zarko, or potentially the other traders.
That would, however, be slaughtering the golden goose for the meat.
After all, they didn't want to sell fruit or Bohor air filters.
They wanted to sell the concept of money.
"Why would I take this over fruit?" Zikzik sniffed. He was known as a sharp one by all the human traders. If there's any new alien fad coming down the pipeline, chances are Zikzik is the first one to touchdown with a cargo hold full of it.
Unlike many of the other traders, he was fairly consistent in his dealings. This much fruit is for this much air filters. He knows his price, and he lets you know it too. Everyone suspected he kept careful records of all his selling and buying somewhere in his ship, but he's never brought them out. Maybe he just had a sharp memory.
"It's very consistent," Sarah insisted, trying to appeal to his affinity for a stable and predictable exchange, "one pound of fruit today is the same as one pound of fruit tomorrow, and you can deal in fractions."
Completely ignoring that most fruits are seasonal, and price changes, and inflation, she thought, let's start here.
"Fractions, you say?" Zikzik seemed thoughtful, or maybe he's just scratching an itch on his snout, Sarah could never tell with these aliens.
"Yes, fractions," said Jen detecting the slightest bit of opening, "you can trade your air filters for credit. Then you can trade maybe three quarters of your credits to fill your cargo with fruit. The next time you come down here to Earth, you would only need to bring half the amount of air filters as the first trip, combined with the credits you have left, you can leave with a full cargo load anyway!"
Is that how that math goes, Sarah thought, but didn't cut in, as Zikzik seems to be nodding, an oddly universal gesture for affirmation.
"Five eighths of the credits," Zikzik argued, "The air filters are harder to get now because the Bohor are running low, and they need time to make more."
Bargaining! There we go! That's what we're talking about! Sarah almost pumped her fists in the air and gave him a high five, not a great idea given how sharp his claws are as she found out when trying to shake his hands a couple of weeks ago.
"Ok, you would still have to negotiate that amount with each human trader," Sarah replied adding, "but they all deal in Galactic Credits."
They signed him up for an account, gave him a card, and set up his pin code. It had only taken half an hour to get Zikzik on board, which was significantly faster than the hours they'd taken to explain this to Zarko, despite them being the same species. Was it xenocist that she'd assume it was going to take just as long, Sarah wondered.
Looking at the line of traders, she sighed. This was going to be a long day.
Luckily, Zikzik accepting the credits made for great advertising. He was known for being a sharp trader, so if he doesn't think it's a scam, it must not be, right?
Sarah and Jen managed to get two other traders that day onto credits, and one more who was dipping his proverbial toes into the water.
It was a good day.
Jen had been working hard. The Galactic Credits website was now on its 16th major iteration. She'd beefed up the security on it, to make sure none of the other human traders got any funny ideas. Backups became more automatic and frequent, and there was now a rollback and dispute mechanism, not that it was being used yet.
Sarah had also been working hard. She'd been sitting in meetings all day with legal, finances, and now they had a small army of people who were ready to help out if they got into trouble there. Galactic Credits is now officially a tax paying LLC incorporated in the great state of Delaware.
Benny Jr, who had just finished college, had come in as well. He was no good at talking to clients, but he's what the duo would refer to as "street smart". Occasionally, the alien traders would bring in some exotic or ahem, dubiously sourced items, and he would know exactly where to convert that into cold hard cash. On the spreadsheets, his dealings were adding up to a nice fat padding on the margins for Galactic Credits, which to this point, hasn't been making any money other than in the fruit and air filters exchange business.
They were now working out of a rented office in downtown Livermore, with a very nice view of a brick-lined pub that offers numerous craft beers and the old railroad that runs through the heart of town.
Ironically, there's a Bank of America branch across the street, not far from the office itself, the company that had invented the BankAmericard and started the credit card revolution, seemingly oblivious to this new competitor moving into town, literally and figuratively.
They had many brilliant finance experts who were working on something, surely, but established financial institutions are not always great at moving fast and adapting to changing technology. There were many regulations to worry about, and the stakes were a lot higher.
There's something very quaint about the town itself. Some people didn't consider it part of the Bay Area metro area itself, but with the latest BART expansion station they recently built, that's been less and less true.
Now, it was literally the town where the train tracks ended. And where the final frontier began.
For the people in the office, it's also where they dreamt about a new financial revolution in the galaxy.
Some people have critiqued this chapter on the grounds that established financial institutions would have thought of this idea on day one. I appreciate the feedback, but that is a rosy view of the velocity at corporations in my opinion. I've personally worked in some of these companies, and if someone brought up this idea, it would probably have taken at least a month to get the idea through various risk audits and legal reviews.
In terms of technology, much of banking still operates on software that predates the modern Internet. This is one of the reasons why fin-tech startups have been able to beat them on time-to-market, despite massive institutional or financial disadvantages. It's why companies like PayPal, Square, Stripe, Venmo… etc could compete with the incumbents with the development of the Internet.
Sure, an intern in engineering or tools would have a semi-working prototype by week three, but the first line of code would be pushed to production by… month three. A much more likely scenario: some startup beats them to the punch, exactly as it happens here, and the large company offers their founders or investors an obscene amount of money to buy them out.
RoyalRoad
First
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submitted by rook-iv to HFY [link] [comments]

Do you really like your beer, or are you just a victim of Capitalist Propaganda? How you can learn how the free market works while you guzzle some suds, and how beer can help you to understand the vast conspiracy that is slowly degrading America.

TL;DR - I use the craft beer industry as a way to understand Capitalist Propaganda, how Capitalism and Socialism are inextricably linked to each other, and how through the use of propaganda, companies use the "illusion of choice" to coerce you into believing that you prefer the products that are most favorable to them. In order to change this into the consumer's favor, you need to be an informed consumer in the free market, and raise class consciousness to overthrow the tyranny of Capitalist Propaganda, that is called "Marketing".
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You can't understand Capitalist Propaganda unless you have a solid understanding of what Capitalism is beyond the literal definition of the word, which is just an abstract ideal. Propaganda plays off of the discrepancies between the ideals of Capitalism, like the free market, which is another abstract ideal, and the reality of Capitalism in practice in America, which can be characterized as Trickle Down Economics. Capitalism sought to be a pragmatic alternative to its economic predecessors, a fact which drives Capitalist Propaganda. However, through layers of abstraction throughout the years, it has become more of a religion, as critics refer to the increasingly ideological concept as "Supply Side Jesus", meaning you give all the money to the rich, it'll trickle down to the poor, and they can "vote" on the actions of the capitalists through monetary interactions in the free market.
Capitalist Propaganda is engrained in America, because at the time of our founding, Adam Smith wrote "Wealth of Nations", which is considered the Bible of the Free Market. This groundbreaking work utilized Newton's Laws of Physics, which were en vogue at the time, to describe how interactions in the marketplace would balance each other out, just as the laws of Newtonian Physics do.
The very noble purpose of Wealth of Nations was not create the oligarchy we have today, but to do the opposite. He wanted to describe a system that would protect individual freedoms and be truly democratic. Just as Lenin and Stalin bastardized the works of Marx, so too have capitalists in America bastardized the intentions of Adam Smith.
Capitalism and Socialism are best learned side by side, in my opinion, to avoid falling into the trappings of either ideology that our brains like to do. Which one is better? It depends on the market, but the answer is almost always somewhere in between.
Through learning how Socialist concepts can be applied to problems in Capitalism, you can cut through the propaganda and will see for yourself that these problems can be solved if we just drop the labels and do what's best for society and the individual. The problem is always finding the proper balance.
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WHAT? CAPITALISM AND SOCIALISM ARE JOINED AT THE HIP?
Yep. You can never live in a pure economic system. Purity is always an illusion. If you want something to be pure, you have to put a lot of energy into making it that way. Nature likes to mix stuff up. This is why ideologies around racial purity and fascism always fail. There are people who want a "pure" economic system, but they are usually the people at the top and would only get richer from more purity while the rest of society loses freedom and slowly starves.
In a nutshell, Capitalism promotes laws that benefit those with money, while Socialism promotes a safety net that benefits everyone. Every single human is born into Socialism. As a baby, you need food, someone else works for it and gives it to you, but then at some point, you are expected to exchange labor for capital, and buy your own food. See? The two are forever bound as the yin and yang. You can also grow your own food, but for that you need land, which is capital.
These interactions are very tricky. I only want to tell you enough so that you can start to see Capitalist Propaganda, because right now, you're like a fish in water that can't see water. I often use this line to describe a person who can't see their own homegrown propaganda. The best way I found to study Capitalism is by relating it Socialism, the "air" above the "water" of Capitalism, if that makes sense.
I always find it best to look at a microcosm to understand these concepts. And today, that microcosm is beer.
Mmmm....Beeeeeeeeeerrrrrrr.....
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CONFLICT OF INTEREST AND THE ILLUSION OF CHOICE
Before I poison your mind with my own propaganda, picture you're on vacation and you walk into a bar and want to order a beer. If you really want to understand the power of propaganda in your own life, really think of this before we break this all down. Really think, what makes you decide which beer to order? Do you like to look at the labels on the tap or bottle? That's obvious propaganda. It has absolutely nothing to do with the taste or quality of the beer itself, but sways your opinion toward logos you've seen before, which is why you see so many beer advertisements, which means that money that could've gone into quality is instead going into propaganda, and you're already biased towards an inferior product. Interesting. You really can't help being swayed by marketing, but at least you can be conscious of that fact, and that's important in order to be an informed consumer.
Do you ask the bartender for a recommendation? Why would you do that? You don't know the bartender any better than the beers in front of you. How do you know they aren't paid more to offer you a beer that sucks and is 12 years old and the owner wants to get rid of it? Do you ask for a certain style of beer? Do you ask for a local beer? And once you finally narrow it down to a few choices, do you ask for samples so you can make up your own mind? You should always do this. Then we get into "flavor propaganda", which we'll discuss later. Jeez. Did you every realize there was so much complexity behind being an informed consumer and just ordering a simple beer? Maybe you'll give in and just tell the bartender to pour whatever. Choice is difficult sometimes.
If you really visualize this and take a minute to let this sink in, you'll start to understand how external forces hijack the processor in your mind to manufacture desire through the illusion of choice. However, your health and enjoyment of the beer is not the goal for these external forces, they only want you to purchase. The perfect example is fast food. They know their product sucks, but they know you'll keep buying it, but that doesn't keep them from lying about how delicious it is in their ads. There is far more at play behind the curtain. There is a science behind addicting you to things, this is reinforced by a corporate tax and subsidy system that contorts the free market pushing centralization of production through homogenization and use of chemicals to hide the homogenization, and simply because there is more than one option, they make you feel like you have choice. This, in a nutshell, is how the illusion of choice works in the free market. It's not about what YOU want. The producer manipulates you to think you want what they have. Through this, they deceive Americans into buying products with a list of ingredients that a person would never freely choose to consume. So if you want to order a beer with no shit in it, then you're shit out of luck in America. You could in Germany, but we'll discuss that later.
While you're standing at that bar, you aren't conscious of the fact that your interests are in direct opposition to those of the bar owner's. Capitalists hide this fact with their perfect smiles, but Marx described this in detail. You want the best beer for the cheapest price, and the bar owner wants to sell you the cheapest beer at the highest price you'll pay. It doesn't stop there. The bar owner flips roles in the same situation with the beer distributor, who does the same with maybe another level of distribution, and continues to the brewer, then goes to the brewer versus supplier, supplier to farmer, and even though you'd think it stops there, the farmer has to deal with suppliers of equipment and seeds, and on and on.
Add to this list their auxiliary staff of HR, drivers, managers, brewers, bottle/keg makers, and of course owners, none of them care whether you actually like the beer you're drinking as long as you keep buying more. That's the big driver here.
Did you ever realize that every time you buy a beer, your own capital is partially responsible for creating and sustaining all of these jobs involved? You, my dear beer drinker, are the true job creator. Budweiser can brew all they want, it means nothing without buyers, who are the true engines of capitalism. Instead, you're treated as a rube by suits in a boardroom somewhere.
Capitalist Propaganda tells us the billionaires are job creators, but this is a lie. Jeff Bezos can't drink enough beer to sustain all these jobs. So why do we let him hoard all the money? Wouldn't the economy do better if we spread out Jeff's money so more people could buy more beers and more jobs would be created? According to Socialist Economics, yes. That's actually, quite simply, a Socialist Free Market. Did you even know that existed? The power hungry greedy people who are too lazy for manual labor go to such great lengths to make sure you don't learn it. They want you to think that only Capitalism allows you choice in the market. I'm sure you can guess why they say that.
Capitalism maintains itself by exulting the wealthy who use their economic power to punch down. The only way this system won't fall into fascism and fail is if the consumers start to punch back. Where Marx envisioned the Dictatorship of the Proletariat as they usurped power from the Bourgeoisie, a modern alternative is just teaching people to understand the system we live in, so that we can just start making changes in the way we live and to whom we give our money.
See that? Capitalism and Socialism can get along nicely, so long as the consumers are informed.
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CLASS CONSCIOUSNESS AND THE ALIENATION OF LABOR CAUSING LONELINESS IN SOCIETY
What I described within the previous section is what Marx called "Alienation of Labor". Each step in the process of making your beer is isolated from the others, so no one feels ownership over the end product or a true connection to the consumer, or job creator. Even the bartender selling it is alienated from the profit of their labor in serving the beer, so they only focus on the service aspect of giving you the beer, because that is where they earn their tip. They can't really fix anything about a shitty beer other than to offer you a different brand. The capitalist owner is usually not there. Their only interaction is setting the rules for everyone in the bar to follow, and pay themselves more than everyone who has to follow those rules. This is part of the conflict between the classes. I'm not saying it's right or wrong, I'm just pointing it out. The bar owner themself has to spend money on propaganda to attract customers that could be spent in other places, so has to find ways to cut costs. Unfortunately, they buy cheaper beer...and this is why you end up with IPAs. No one is connected to the products, so they only look at prices and find the cheapest, passable product. This is the race to the bottom of Capitalism.
Compare this to when brewpubs were a new thing. The brewer would come out and talk to you about the beer, you would give feedback that could effect future batches and it connected everyone to each other through commerce. It makes business "social" and I think nearly everyone enjoys that, but it is losing out in competition with chain breweries that enforce isolation and make cookie cutter propaganda and cookie cutter business models so they can turn owners into managers and suck all the profit back their corporate headquarters and offshore accounts. They kill the experience and make everything transactional. And all the kitsch they hang around their cookie cutter chain bar is just to hide the fact that no one in that place cares about anything other than not getting fired. Everyone is effectually alienated from everyone else. It's worth a read to check out this page on Marx's Theory of Alienation.
This alienation is the root of a lot of misery in society. Humans are communal animals forced to live in a society of individuality and alienation. As they mope around, they seek an escape. And that is why advertising is so nefarious. It seeks to manipulate you in that state. Imagine driving home from your alienating job to you empty home, but looking up and see a billboard with bunch of actors laughing and drinking beer. They take pictures that make these actors look like friends. It's just for show. They aren't selling beer to those laughing people in the picture. They're tempting lonely people to drown their sorrows. Capitalist Propaganda is used so your brain doesn't understand what it wants. It wants friends, then sees the words Bud Light. So when the bartenders asks...Make it a Bud Light. Look at how much money they spend to manipulate and capitalize on people's suffering.
Propaganda in Communist countries is controlled by the government, so it's clear who the enemy of your freedom is. Capitalist Propaganda hides behind the layers of complexity of the same economy you rely on to survive, so you never know what's propaganda or where it's coming from. Marketers find every way imaginable to get their disinformation in front of your eyes, even enlisting your friends on Facebook in annoying MLM schemes. Propaganda invaded everything that can be legally monetized. It's in the media, and not just commercials anymore. There's product placement, stories injected into the news, and even movies and social media created an entire industry of "lifestyle propaganda", telling you how to live your life and indulge in overconsumption. It's REALLY hard to get away from Capitalist Propaganda. There is so much money and research behind it and so much depth, even this long post is only barely scratching the surface. I just want to open your eyes to it.
I can't make you see all this. No one can. I can only describe it as best as I can. What you will experience when you understand this is what I call "Economic Enlightenment", similar to what Marx called "Class Consciousness". Once it happened to me, the world looked amazing, and the shitty propagandists selling us false hope all look like clowns in a very odd circus of vanity, despair and mediocrity.
Once I understood this, I saw clearly how we are increasingly trapped in a form of Corporate Slavery, led by seriously ridiculous oligarchs like Mark Zuckerberg, who thinks he's the reincarnation of Augustus Caesar or something. That's why he has that haircut! This is a guy who stole a company and hired "screen psychologists" from Las Vegas to get you hooked on Facebook the same as casinos do with slot machines. He wants to be the funnel for propaganda throughout the world. He wants to be the kingmaker, decide what people buy, who they like, what views they hold. He can only do this because so many companies spend so much money to put their propaganda on that platform. They can only have this much money because the free market is not actually free. It's bought and paid for on platforms like Facebook and Amazon. The money that was supposed to "trickle down" is instead being spent on Capitalist Propaganda on these platforms, to get the proletariate to trickle their money up through endless, nonsensical online purchasing and local businesses who send the town's money to people who can't do anything with it but buy up properties that increase your rent and cost of living.
When people get drunk on the power of propaganda, they forget the lessons of the past. Propagandists always fall prey to their own delusions over time. In reality, your life is better without Facebook. There isn't anything on there that is healthy. Even if you just want to talk to a few friends, you are going to fall for the propaganda there. You can't help it. And if your bar advertises on Facebook, just think, that money could've gone into purchasing higher quality beer then sold at the same price, instead of going to Mark Zuckerberg so he can drop $30 million to buy the houses around him so no one can spy on him while he spies on you. You really gotta watch out for a guy who combines spying and propaganda all into a single app and thinks he's going to bring 200 years of peace to America. History is littered with knuckleheads like that. It's best to get off Facebook and encourage everyone else to do the same. Zuck only wants to lead himself to the Promised Land, and he's using your ignorance to fuel his own delusions by deluding you into thinking you want what he has to offer.
Let's get back to beer.
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IPAs AND THE FREE MARKET VS THE RACE TO THE BOTTOM
I like beer. When I worked in Germany, it was easy to walk into a bar and, like Farva, just order a liter o' beer. Often, there would only be two choices, light color or dark. As a matter of fact, even at the most famous beer festival in the world, Oktoberfest, people mostly drink the same standard type of beer, and no one complains about the lack of choice. It's quite easy. You can order with one finger. No need to see a menu or ask what's in it. It's simply beer. This worked for centuries. Consumers are fine with it. Prost! Have you ever shared a story like this and people say, "Oh, that would never work in America. Americans want choice." Yeah. Because we are flooded with Capitalist Propaganda.
So if consumer choice isn't pushing for a selection, why would a free market call for it? Imagine there are two bars and one of those bars says "30 beers on tap" and the other doesn't. You're more likely to choose it, and the other bar will have to compete in some way, often by copying. This forms trends, and people mistake this for something customers wanted. Trends are always marketing. Don't believe me? What happened to fidget spinners? So now you have a bunch of beers that no one asked for, yet will now demand. Competition creates more Capitalist Propaganda to create demand for something you never even wanted, but makes you think you do. And that's the best propaganda. You think you are thinking for yourself. This is the fallacy of consumer choice.
If you want to understand just how important that last paragraph is, consider this, "consumer choice" is the same propaganda they used to get you to carry around a device that spies on you 24/7 and sends that data to people you don't know, and you can't stop it, can you? You chose that. You wanted it. Not only that, but you paid $1,000 for the device to opt into their spying program, for the privilege of being mind controlled by the propaganda their AI selects for you. Did you read the Terms of Service? As bad as you may have thought Communist Propaganda was, Capitalist Propaganda is far better, and far stealthier. You believe you have freedom of choice. But your only choice is usually take it, or leave it. Oh, you need it for work? Maybe find a different job. Or just succumb to mass surveillance, and next year, you can drop another grand on a device with a marginally better camera.
There is a way to free yourself. You just have to understand the nature of propaganda. It took me a while, but I eventually broke free. Under Socialism, there would be laws against the exploitation of consumers. Capitalist Propaganda tells you that this takes away your freedom. This is a lie. Regulations give you the freedom to not have to worry whether the beer you're drinking has poison in it.
Germany has a lot of regulations on beer. It has the Reinheitsgebot (purity order), a law passed in 1516 that states that beer can only consist of water, hops and barley. Note, this is a different use of the word "purity" from earlier, as beer is itself a mixture of things. Historically there have also been regulations where beer could only be sold regionally, so no matter what part of Germany you were in, you only got a certain brand of beer at the bar, but it didn't matter because they all had the same ingredients. They could make wheat beers or unfiltered, but they were generally variations of pilsners and lagers. One meaning of the word "Lager" in German is "storage", meaning the beer was brewed in a way that it could be stored, allowing them to brew in bigger batches and store it.
Lagers use a more complex brewing process, so only larger breweries would make them, but this worked because of protected territories. America has a similar system, because each state has its own regulations on alcohol, but this is changing as corporate lawyers fight to homogenize the rules favorable to them, but the consumer loses control. Big brands tend to be lagers as they have general appeal to a wide audience. Did you notice this is the second time I pointed out that corporations create homogeneity? Without regulations, corporations create Fascism. That is why I tell people that we already live in the NWO but corporations rule the world instead of governments. Why do you think so few conspiracy theorists make this connection? Propagandists are paid a lot of money to keep even our small community confused about the reality of what's happening. Now, check out conspiracy and you'll see what I mean. They are spreading propaganda for the NWO over there and don't even know it. I tried to point that out and they finally banned me. Oh well. They'll figure it out in their own time.
In America, in 1978 it became legal to brew beer at home. This is what led to the explosion of new beers in the US decades later. Americans don't have purity laws, so could test new recipes. But people didn't generally like IPAs before, so how did they become so popular that they control 30% of the market? Marketing, of course. Create the market and tell people what they want.
IPA stands for India Pale Ale. It was invented by the British as an easy way to make a beer that they could drink in India. People only drank it out of necessity, as the other beers couldn't make the trip. IPAs are very easy to make and very forgiving, because if you mess it up, it already tasted bad anyway. As people started trying to get into microbrews, they often didn't have the capital to make lagers at small scale, and also wanted a simpler process so they didn't have to hire or train expert brewers, IPAs are cheap and easy to make at smaller scale.
In order to make it drinkable, brewers experimented with many different flavorings. This created a cult following of craft IPAs, where people would drive hours to stand in line for hours to try the newest concoction. The trendy nature of the craft beer world kept people training their palate to adapt to the taste of an IPA, making people start to actually like them. The flavorings made people think they were different, so even if they didn't like it, marketing tactics kept people coming back to try the latest blend. Your palate can adapt A LOT. Swedish people love Surströmming, but watch this video of Americans trying it for the first time. They tried to get me to eat it several times, but I would rather sit in a sauna until Tuesday to avoid smelling it while watching them eat it. It really smells that bad.
IPAs enticed people with popular, aromatic ingredients like bananas and pineapple. This is what I call "flavor propaganda". It's not bad in and of itself, but it can be easily misused to cover issues with quality or hide the taste of preservatives. Since we don'e have laws like Germany, you're left to rely on the knowledge and honesty of the bartender to find out. They don't make this info readily available, which is another form of Disinformation.
So if you think you actually like IPAs, just remember, you are just like a Swede eating rotten fish. A lot of propaganda went in to making IPAs popular, but it's the cheapest, easiest product to make that can be sold at the highest price, so they become popular. This is what business students call a business plan. To overcome the bad taste, IPAs were marketed as "classy" to shame you if you choose the more expensive to produce and more appealing pilsners and lagers, which were given a bad name due to being associated with major brands like Bud Light. This makes it harder to market microbrew lagers, which can only fetch a certain price due to association. And this is what is referred to as the "race to the bottom" in Capitalism.
Instead of trying to innovate ways to produce the beers you want, they just figure out how to get you to pay more for an inferior product, just like they do with BBQ. They make you think you want it. From this you can understand why "food" is full of junk that you wouldn't feed your dog. Whatever legal poison helps cheapen the product is considered "smart business", another propaganda term designed to hide the reality of doing immoral and harmful things to other humans for profit. If you make money on it, it's good. As if there aren't better choices we could come up with if there truly were a free market with an informed consumer.
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STRENGTHEN THE FREE MARKET BY BEING AN INFORMED CONSUMER
We don't need a Communist Revolution to make positive changes, so take off your ski masks and put your Antifa flags down. I like microbrew culture and still enjoy IPAs, but understanding the marketplace is how I do my part as an informed consumer and job creator to help create the world that I want to live in. I encourage you to do the same. Vote with your dollars. Don't let the Zuck-type sociopathic, corporate people in a distant land decide what you consume by looking at ads on his platform. Visit local breweries and talk to the brewmaster. Don't reinforce alienation from labor. Connect with the people who make the things you buy. Support independent entrepreneurship. These are the paths to a brighter future where we share in the abundance of wealth.
Discover Economic Enlightenment for yourself and realize that We The People are ultimately in control. Wealth inequality is greater than it was in France before the French Revolution. Don't let this train take us into the depths where another Lenin will arise and spend the night shooting people.
How you choose to spend your money today is what decides what will become the society of tomorrow. And remember, you always have the choice to buy nothing at all. I never saw a billboard that said that.
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LET THEM DRINK BEER!
I hope this gave you a glimpse behind the curtain of Capitalist Propaganda. Propaganda isn't just political, it has invaded everything and it's at full blast right now. I hope you can piece together how Capitalist Propaganda is actually designed to make you subservient by controlling what you want so they can maximize their own profit and teach you to accept whatever they offer, the homogenization of choice. However, your life is your own and you should remain in control of all aspects of it, including your desires.
Richard Wolff is an economist who studied at three elite universities in America and discusses how he was not able to even learn about Socialist Economics in the ivory tower, even though Capitalist Propaganda calls universities leftist. He found no department in America that is even willing to teach it or study it. Capitalist Propaganda censors these ideas, especially at the university. People in power don't want the serfs to learn about themselves. Check him out on YouTube. You'll realize that unchecked Capitalism leads to Fascism and Slavery, which is why they want to get rid of the minimum wage, so that we can return to sharecropping which is already increasingly happening in America under different names, like "student debt", "mortgages" and "insurance". Don't you think it's odd that a person has to go into debt so they can generate profits for corporations who really ought to be paying for this education themselves? If you have to go into debt before they'll hire you, it's much easier to negotiate against you.
If you want to see other examples of propaganda, check out this random tweet from one of America's Top Capitalist Propagandists. These are very odd pictures, and the only thing I can see in them is that they must be promoting those outfits, likely the blue dress, maybe those men's outfits as well. One thing you know is that she didn't become a billionaire by letting any single opportunity to enrich herself at the expense of others pass her by. I didn't look it up, but I am certain they sell that blue dress, or whoever does paid her to post this.
That's the main reason celebrities use social media. It's marketing. Their whole schtick is to sell garments made in a sweatshop in a foreign country by people who can't even afford a beer to Americans who are facing bankruptcy and homelessness themselves.
Read the replies of the tweet. These people have influence that vastly outsizes their understanding of their impact on the world. There are guillotines in the comments. There usually are. I'm seeing them a lot lately.
This type of propaganda is everywhere. And it's destroying America. Just like propaganda led to the demise of Nazi Germany, we could be looking at the same thing, but worse. It could start off as famine.
If you're having trouble deciding between the beers you are being offered, it's probably because you don't want anything at all, in which case the proper choice is: nothing. Or, try tap water. Maybe you're just thirsty. Now ask yourself, when you envisioned yourself at a bar, did you ever think to order water instead? Did you entertain the idea that you didn't even want a beer. That's the power of suggestion.
What if the rest of the world just cut America off from the means of production outsourced to areas with cheap labor? We would have our own famine and likely war. And if we have a revolution here, with the masses in the country being so disinformed about everything and not having any sort of class consciousness at the moment and instead stuck in alienation, the leader that rises here will likely lead to something horrifying. And we censor ourselves from pointing out the simple fact, that the only way America will survive is to tax the deluded royalty like Kim and Mark back to reality, so they can't indulge their reckless, childish delusions by selling off the very fabric of our nation to the highest bidder.
That doesn't make me a Socialist, that just makes me honest.
Enjoy your beer!
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Thanks for reading and I hope I helped you understand how you can empower yourself. I'm excited about the one I wrote for Election Day tomorrow to keep our NOPOL spirits up while all the politics clouds the airwaves. Cheers!
submitted by SchwarzerKaffee to conspiracyNOPOL [link] [comments]

The Rothschilds - A Rational Overview

No discussion of Upper Class Billionaires would be complete without the Rothschilds.
A family dynasty synonymous with wealth.
But what is the true extent of this wealth?
Just how powerful is this relatively secretive family?
With various theories circulating on the Internet, can we reach a rational consensus?
Part 1/6 - The Architect?
Mayer Amschel is often cited as the founder of the Rothschild banking dynasty.
In 1770, he married Guttle Schnapper. This boosted Mayer's wealth, as he received a generous dowry of 2,400 gulden from her father (who worked as a court agent).
Mayer wouldn't forget this and, in his will, outlined strict, controversial provisions regarding Rothschild marriages.
Mayer was concerned that the family's fortune would be diluted as it grew through marriages. As such, his will "barred female descendants from any direct inheritance" and, in effect, provided incentives for intermarriages. Four of his granddaughters married grandsons (first cousins), while one married her uncle.
Now, is this really a tale of Started from the Bottom?
Or, much like Drake, is there a rich Uncle involved?
To answer that, we need to ask: who came before Mayer Amschel?
Well, his father, Amschel Moses had a business in goods-trading and currency exchange.
He was a personal supplier of collectable coins to the Prince of Hesse.
We'll come back to that shortly...
We know little about Mayer Amschel's grandparents and more remote ancestors.
The family did previously use the name "Bauer" - in fact the name Rothschild didn't really stick until Mayer Amschel's generation came along.
Benjamin Franklin once observed that in life only death and taxes are inevitable; they are also virtually the only things about which records survive for the earliest Rothschilds.
The most we can say about the early Rothschilds is that they were relatively successful small businessmen dealing in, among other things, cloth.
Five years before his death in 1585, Isak zum roten Schild had a taxable income of 2,700 gulden.
A century later his great-grandson Kalman, a moneychanger who also dealt in wool and silk, had a taxable income more than twice as large.
It seems that his son (Mayer Amschel's grandfather Moses) successfully developed his father's business, continuing the process of steady social ascent by marrying, successively, the daughters of a tax collector and of a doctor.
With the help of relatives, Mayer Amschel secured an apprenticeship under Jacob Wolf Oppenheimer, at the banking firm of Simon Wolf Oppenheimer in Hanover, in 1757, where he acquired useful knowledge in foreign trade and currency exchange, before returning to his brothers' business in Frankfurt in 1763.
He became a dealer in rare coins and, just as his father had done previously, won the patronage of the Prince of Hesse.
His coin business grew to include a number of princely patrons, and then expanded through the provision of financial services to the Prince of Hesse.
In 1769, Mayer Amschel gained the title of "Court Agent", managing the finances of the immensely wealthy Prince of Hesse who in 1785 became William IX, Landgrave of Hesse-Kassel, and inherited one of the largest fortunes in Europe at the time.

Part 2/6 - The Five Arrows
The Rothschild coat-of-arms includes a fist clutching five arrows, a reference to Mayer's five sons.
At the turn of the nineteenth century, Mayer sent his sons to establish banks in Frankfurt, Naples, Vienna, France, and London.
The release of the "Five Arrows" symbolises strength through unity, and marks the beginning of the Rothschild's global banking dynasty.

Part 3/6 - Nathan Mayer
Napoleon was on the march through Europe, and William gave his fortune to Mayer Amschel to protect it from being seized by Napoleon.
Mayer was able to hide the money by sending it to his son Nathan in London.
The London Rothschild office had to spend it somewhere, and loaned it to the British Crown, in order to finance the British armies fighting Napoleon in Spain and Portugal in the Peninsular War.
These savvy investments of William's money paid off handsomely, netting sufficient interest that their own wealth eventually exceeded that of their original nest-egg client (the nest-egg client who had inherited the largest fortune in Europe remember).
This marked the birth of the Rothschild banking dynasty.
Historian Niall Ferguson outlines the sheer scale of the Rothschild family's operations:
"For most of the nineteenth century, N M Rothschild was part of the biggest bank in the world which dominated the international bond market. For a contemporary equivalent, one has to imagine a merger between Merrill Lynch, Morgan Stanley, J P Morgan and probably Goldman Sachs too — as well, perhaps, as the International Monetary Fund, given the nineteen-century Rothschild's role in stabilizing the finances of numerous governments."
Nathan pioneered the ingenious strategy of lending to governments during wartime.
This tactic, used when Nathan funded Wellington's army in 1814, is the primary cause of the explosion in the family's wealth during what proved to be 150 years of nearly chronic warfare.
Of course, the Rothschilds played no role in instigating said conflicts...
Continual war in Europe created excellent opportunities to profit from smuggling scarce consumer goods past military blockades. Since the Rothschilds often financed both sides in a conflict and were known to have great political influence, the mere sight of the red shield on a leather pouch, a carriage, or a ship's flag was sufficient to insure that the messenger or his cargo could pass through check points in either direction. This immunity allowed them to deal in a thriving black market for cotton goods, yarn, tobacco, coffee, sugar, and indigo; and they moved freely through the borders of Germany, Scandinavia, Holland, Spain, England, and France.
This government protection was one of those indirect benefits that generated commercial profits - of course they were also getting interest on the underlying government loans.
Even the friendliest of biographers admit that, for more than two centuries, the House of Rothschild profited handsomely from wars and economic collapses, the very occasions on which others sustained the greatest losses.

Part 4/6 - Nat
The Rothschilds tend to keep tend to keep out of the limelight.
One of the family’s grande dames said you should only appear in the newspapers on three occasions: hatch (aka birth), match (aka marriage) and dispatch (aka death).
Therefore, this makes the odd flamboyant Rothschild stand out even more.
One that springs to mind is Nat Rothschild (Jacob Rothschild's son) and ex Bullingdon Club member who in 2016 married former Page 3 model Loretta Basey.
According to Forbes, Nat's net worth was $1 billion in 2012, but he lost his official billionaire status the next year.
However, according to an article in the Observer in 2000, Nat's actual inheritance is hidden in a series of trusts in Switzerland and rumoured to be worth £40BN (i.e. $60 billion.)

Part 5/6 - Ghislaine Maxwell?
Alan Dershoiwtz, who once defended Jeffrey Epstein in court, writes:
"My wife and I were introduced to Ghislaine Maxwell by Sir Evelyn and Lady Lynne de Rothschild..."
Evelyn de Rothschild and his wife Lynn were introduced by none other than Henry Kissinger at the 1998 Bilderberg Group conference in Scotland. They married two years later, and were invited to spend their honeymoon at the White House by the Clintons.
I have an idea!
Let's type Rothschild into the WikiLeaks Hilary Clinton Email Archive.
Nice. 69 results. Let's check out the intercourse between Hilary and Lynn.
How about this one - Info For You on the 25th of September 2010?
In that email chain, we have the following message from Hilary to Lynne.
"Lynn,
I was trying to reach you to tell you and Teddy that I asked Tony Blair to go to Israel as part of our full court press on keeping the Middle East negotiations going. He told me that he had a commitment in Aspen with you two and the conference, but after we talked, he decided to go and asked me to tell you. He is very sorry, obviously, but I'm grateful that he accepted my request. I hope you all understand and give him a raincheck...Let me know what penance I owe you. And please explain to Teddy. As ever, H"

Part 6/6 - True Extent
We come to the kicker: what is true extent of the Rothschild's wealth?
Of course, it is impossible to pin down an exact number because of the level of diversification of their wealth and the secrecy with which the offshore infrastructure operates.
After all, we know what happens to those that try to expose this shady world.
Worryingly, Panama is only one of more than 90 financial secrecy jurisdictions around the world today, compared with just a dozen or so in the early 1970s.
Together, as of 2015, they hold at least $24 trillion to $36 trillion in anonymous private financial wealth, most of which belong to the top 0.1 percent of the planet’s wealthiest.
Of course, none of this offshore wealth belongs to the Rothschilds...
In 2003, the Sunday Times identified Jacob Rothschild as the secret holder of the large stake in Yukos that was previously controlled by Mikhail Khodorkovsky, the oil company's chairman.
The size of this stake? £8 billion.
In 2003, the pound dollar exchange rate was 1.63 - therefore the dollar value of the stake was around $13 billion.
In 2017, Jacob's net worth was pegged at under one billion dollars.
No comment...
According to the Forbes List, the richest individual Rothschild is Benjamin de Rothschild, from the French branch of the family, with a net worth of $1.5BN.
This is despite the fact that Benjamin presides over the Edmond de Rothschild Group, which manages over $175 billion in assets. In August 2019, de Rothschild's family bought out the group's public shareholders.
But yes, of course Benjamin, supposedly the richest Rothschild, is worth 2/3 of Donald Trump.
Speaking of Donald Trump...
Trump at one time owned a quarter of Atlantic City’s casino market.
However, Trump was heavily in debt, and he started missing bond payments on his — and Atlantic City’s — largest casino, the Taj Mahal, in 1990.
Wilbur Ross, then an investment banker working for...you guessed it, Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump’s ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan.
“Why did we make a deal with him?” one bondholder asked.
Ross insisted that Trump was worth saving.
“The Trump name is still very much an asset,” he said.
In 2017, Ross became Secretary of Commerce.
Remember folks: Presidents are selected... not elected.
https://www.youtube.com/watch?v=3wbIGFgxJd0
submitted by financeoptimum to conspiracy [link] [comments]

What to know about today's impeachment vote, inside the rift between Trump and Pence, and more from Apple News (01/13/2021)

What to know about today's impeachment vote, inside the rift between Trump and Pence, and more from Apple News (01/13/2021)

Good Morning From Apple News

  • It’s January 13, 2021.
  • Here’s what you need to know.
TOP STORIES
Mike Pence declines to remove Trump from office
Doses of the COVID-19 vaccine that were being reserved as second shots will now be released in order to get first doses to more people, the Trump administration said. ABC NEWS
Lisa Montgomery became the first woman to be federally executed in 67 years. The Supreme Court authorized her execution after legal challenges argued she was not mentally competent. THE KANSAS CITY STAR
https://preview.redd.it/09q3jlpta6b61.png?width=1496&format=png&auto=webp&s=37dd9be5747715323865b5704f2ec509da8bac33
LISTEN NOW
https://preview.redd.it/1mcqlhlwa6b61.png?width=456&format=png&auto=webp&s=3400acee749b5e4d9236b2e826c14d20ff77b302
How the Republican tide turned against Trump, the people who were part of the attack on the Capitol, and more on today’s podcast. APPLE NEWS TODAY
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COVER STORY
https://preview.redd.it/ogbl9010b6b61.png?width=1200&format=png&auto=webp&s=e5c79252a7904ee8d6fc477b3416afd255ce9918
https://preview.redd.it/dx7occe1b6b61.png?width=122&format=png&auto=webp&s=5588ead288500a2e9977e3f0d3876ea1ae6bf948
Miley Cyrus Finds Solace and Sobriety in Rock ’n’ Roll
Her latest album pays tribute to rock’s wildest era. But after two tumultuous years, the singer herself is the most centered she’s ever been. ROLLING STONE
https://preview.redd.it/t8hj3o23b6b61.png?width=1496&format=png&auto=webp&s=318fce88af5a4e97a8b50286cffbc91d364df028
FIVE STORIES WE’RE TALKING ABOUT
https://preview.redd.it/a58bax78b6b61.png?width=456&format=png&auto=webp&s=168fe7788a87fee18ea5f413d9fbb20091772f2f
Inside the remarkable rift between Trump and Pence. THE WASHINGTON POST
https://preview.redd.it/kty23j39b6b61.png?width=456&format=png&auto=webp&s=13af502592c7d4ae992d071f96f9223186c0dd6a
Thanks to Democrat victories in the Georgia runoff elections, Kamala Harris has gained another prominent role: Senate tiebreaker. POLITICO
https://preview.redd.it/221jq8aob6b61.png?width=456&format=png&auto=webp&s=1a2f594d6341eb8ce3997db4dd2c5629cb67ff2f
Can you spread COVID-19 after you get the vaccine? QUARTZ
https://preview.redd.it/4558tfhpb6b61.png?width=456&format=png&auto=webp&s=f275bc0a203c4b120e665d22fe103cd87582d1fc
Sheldon Adelson, billionaire casino owner and Republican mega-donor, died at 87. LOS ANGELES TIMES
https://preview.redd.it/yv85ybkqb6b61.png?width=456&format=png&auto=webp&s=81804f65d6a7aba6a5533239b74460884f158109
The polar vortex is coming — and raising the odds for intense winter weather. NATIONAL GEOGRAPHIC
https://preview.redd.it/9wh2dr7sb6b61.png?width=1496&format=png&auto=webp&s=8f802e459b52fa9c788ed3bc45a1aa11d6b3d51f
THE LAST WORD
The way most people leave is by dying.”
Hospitals are overrun with COVID-19 patients in Los Angeles County, which has a death rate once unimaginable in the U.S. LOS ANGELES TIMES
https://preview.redd.it/3gvjvhetb6b61.png?width=1024&format=png&auto=webp&s=551d3a9f26ea0f60468ed04dc2e7092b47f32f74
Click here.
submitted by reditchannel to reditofficial [link] [comments]

The Rothschilds - A Rational Overview

No discussion of Upper Class Billionaires would be complete without the Rothschilds.
A family dynasty synonymous with wealth.
But what is the true extent of this wealth?
Just how powerful is this relatively secretive family?
With various theories circulating on the Internet, can we reach a rational consensus?
Part 1/6 - The Architect?
Mayer Amschel is often cited as the founder of the Rothschild banking dynasty.
In 1770, he married Guttle Schnapper. This boosted Mayer's wealth, as he received a generous dowry of 2,400 gulden from her father (who worked as a court agent).
Mayer wouldn't forget this and, in his will, outlined strict, controversial provisions regarding Rothschild marriages.
Mayer was concerned that the family's fortune would be diluted as it grew through marriages. As such, his will "barred female descendants from any direct inheritance" and, in effect, provided incentives for intermarriages. Four of his granddaughters married grandsons (first cousins), while one married her uncle.
Now, is this really a tale of Started from the Bottom?
Or, much like Drake, is there a rich Uncle involved?
To answer that, we need to ask: who came before Mayer Amschel?
Well, his father, Amschel Moses had a business in goods-trading and currency exchange.
He was a personal supplier of collectable coins to the Prince of Hesse.
We'll come back to that shortly...
We know little about Mayer Amschel's grandparents and more remote ancestors.
The family did previously use the name "Bauer" - in fact the name Rothschild didn't really stick until Mayer Amschel's generation came along.
Benjamin Franklin once observed that in life only death and taxes are inevitable; they are also virtually the only things about which records survive for the earliest Rothschilds.
The most we can say about the early Rothschilds is that they were relatively successful small businessmen dealing in, among other things, cloth.
Five years before his death in 1585, Isak zum roten Schild had a taxable income of 2,700 gulden.
A century later his great-grandson Kalman, a moneychanger who also dealt in wool and silk, had a taxable income more than twice as large.
It seems that his son (Mayer Amschel's grandfather Moses) successfully developed his father's business, continuing the process of steady social ascent by marrying, successively, the daughters of a tax collector and of a doctor.
With the help of relatives, Mayer Amschel secured an apprenticeship under Jacob Wolf Oppenheimer, at the banking firm of Simon Wolf Oppenheimer in Hanover, in 1757, where he acquired useful knowledge in foreign trade and currency exchange, before returning to his brothers' business in Frankfurt in 1763.
He became a dealer in rare coins and, just as his father had done previously, won the patronage of the Prince of Hesse.
His coin business grew to include a number of princely patrons, and then expanded through the provision of financial services to the Prince of Hesse.
In 1769, Mayer Amschel gained the title of "Court Agent", managing the finances of the immensely wealthy Prince of Hesse who in 1785 became William IX, Landgrave of Hesse-Kassel, and inherited one of the largest fortunes in Europe at the time.

Part 2/6 - The Five Arrows
The Rothschild coat-of-arms includes a fist clutching five arrows, a reference to Mayer's five sons.
At the turn of the nineteenth century, Mayer sent his sons to establish banks in Frankfurt, Naples, Vienna, France, and London.
The release of the "Five Arrows" symbolises strength through unity, and marks the beginning of the Rothschild's global banking dynasty.

Part 3/6 - Nathan Mayer
Napoleon was on the march through Europe, and William gave his fortune to Mayer Amschel to protect it from being seized by Napoleon.
Mayer was able to hide the money by sending it to his son Nathan in London.
The London Rothschild office had to spend it somewhere, and loaned it to the British Crown, in order to finance the British armies fighting Napoleon in Spain and Portugal in the Peninsular War.
These savvy investments of William's money paid off handsomely, netting sufficient interest that their own wealth eventually exceeded that of their original nest-egg client (the nest-egg client who had inherited the largest fortune in Europe remember).
This marked the birth of the Rothschild banking dynasty.
Historian Niall Ferguson outlines the sheer scale of the Rothschild family's operations:
"For most of the nineteenth century, N M Rothschild was part of the biggest bank in the world which dominated the international bond market. For a contemporary equivalent, one has to imagine a merger between Merrill Lynch, Morgan Stanley, J P Morgan and probably Goldman Sachs too — as well, perhaps, as the International Monetary Fund, given the nineteen-century Rothschild's role in stabilizing the finances of numerous governments."
Nathan pioneered the ingenious strategy of lending to governments during wartime.
This tactic, used when Nathan funded Wellington's army in 1814, is the primary cause of the explosion in the family's wealth during what proved to be 150 years of nearly chronic warfare.
Of course, the Rothschilds played no role in instigating said conflicts...
Continual war in Europe created excellent opportunities to profit from smuggling scarce consumer goods past military blockades. Since the Rothschilds often financed both sides in a conflict and were known to have great political influence, the mere sight of the red shield on a leather pouch, a carriage, or a ship's flag was sufficient to insure that the messenger or his cargo could pass through check points in either direction. This immunity allowed them to deal in a thriving black market for cotton goods, yarn, tobacco, coffee, sugar, and indigo; and they moved freely through the borders of Germany, Scandinavia, Holland, Spain, England, and France.
This government protection was one of those indirect benefits that generated commercial profits - of course they were also getting interest on the underlying government loans.
Even the friendliest of biographers admit that, for more than two centuries, the House of Rothschild profited handsomely from wars and economic collapses, the very occasions on which others sustained the greatest losses.

Part 4/6 - Nat
The Rothschilds tend to keep tend to keep out of the limelight.
One of the family’s grande dames said you should only appear in the newspapers on three occasions: hatch (aka birth), match (aka marriage) and dispatch (aka death).
Therefore, this makes the odd flamboyant Rothschild stand out even more.
One that springs to mind is Nat Rothschild (Jacob Rothschild's son) and ex Bullingdon Club member who in 2016 married former Page 3 model Loretta Basey.
According to Forbes, Nat's net worth was $1 billion in 2012, but he lost his official billionaire status the next year.
However, according to an article in the Observer in 2000, Nat's actual inheritance is hidden in a series of trusts in Switzerland and rumoured to be worth £40BN (i.e. $60 billion.)

Part 5/6 - Ghislaine Maxwell?
Alan Dershoiwtz, who once defended Jeffrey Epstein in court, writes:
"My wife and I were introduced to Ghislaine Maxwell by Sir Evelyn and Lady Lynne de Rothschild..."
Evelyn de Rothschild and his wife Lynn were introduced by none other than Henry Kissinger at the 1998 Bilderberg Group conference in Scotland. They married two years later, and were invited to spend their honeymoon at the White House by the Clintons.
I have an idea!
Let's type Rothschild into the WikiLeaks Hilary Clinton Email Archive.
Nice. 69 results. Let's check out the intercourse between Hilary and Lynn.
How about this one - Info For You on the 25th of September 2010?
In that email chain, we have the following message from Hilary to Lynne.
"Lynn,
I was trying to reach you to tell you and Teddy that I asked Tony Blair to go to Israel as part of our full court press on keeping the Middle East negotiations going. He told me that he had a commitment in Aspen with you two and the conference, but after we talked, he decided to go and asked me to tell you. He is very sorry, obviously, but I'm grateful that he accepted my request. I hope you all understand and give him a raincheck...Let me know what penance I owe you. And please explain to Teddy. As ever, H"

Part 6/6 - True Extent
We come to the kicker: what is true extent of the Rothschild's wealth?
Of course, it is impossible to pin down an exact number because of the level of diversification of their wealth and the secrecy with which the offshore infrastructure operates.
After all, we know what happens to those that try to expose this shady world.
Worryingly, Panama is only one of more than 90 financial secrecy jurisdictions around the world today, compared with just a dozen or so in the early 1970s.
Together, as of 2015, they hold at least $24 trillion to $36 trillion in anonymous private financial wealth, most of which belong to the top 0.1 percent of the planet’s wealthiest.
Of course, none of this offshore wealth belongs to the Rothschilds...
In 2003, the Sunday Times identified Jacob Rothschild as the secret holder of the large stake in Yukos that was previously controlled by Mikhail Khodorkovsky, the oil company's chairman.
The size of this stake? £8 billion.
In 2003, the pound dollar exchange rate was 1.63 - therefore the dollar value of the stake was around $13 billion.
In 2017, Jacob's net worth was pegged at under one billion dollars.
No comment...
According to the Forbes List, the richest individual Rothschild is Benjamin de Rothschild, from the French branch of the family, with a net worth of $1.5BN.
This is despite the fact that Benjamin presides over the Edmond de Rothschild Group, which manages over $175 billion in assets. In August 2019, de Rothschild's family bought out the group's public shareholders.
But yes, of course Benjamin, supposedly the richest Rothschild, is worth 2/3 of Donald Trump.
Speaking of Donald Trump...
Trump at one time owned a quarter of Atlantic City’s casino market.
However, Trump was heavily in debt, and he started missing bond payments on his — and Atlantic City’s — largest casino, the Taj Mahal, in 1990.
Wilbur Ross, then an investment banker working for...you guessed it, Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump’s ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan.
“Why did we make a deal with him?” one bondholder asked.
Ross insisted that Trump was worth saving.
“The Trump name is still very much an asset,” he said.
In 2017, Ross became Secretary of Commerce.
Remember folks: Presidents are selected... not elected.
https://www.youtube.com/watch?v=3wbIGFgxJd0
submitted by financeoptimum to Money [link] [comments]

The Rothschilds - A Rational Overview

No discussion of Upper Class Billionaires would be complete without the Rothschilds.
A family dynasty synonymous with wealth.
But what is the true extent of this wealth?
Just how powerful is this relatively secretive family?
With various theories circulating on the Internet, can we reach a rational consensus?
Part 1/6 - The Architect?
Mayer Amschel is often cited as the founder of the Rothschild banking dynasty.
In 1770, he married Guttle Schnapper. This boosted Mayer's wealth, as he received a generous dowry of 2,400 gulden from her father (who worked as a court agent).
Mayer wouldn't forget this and, in his will, outlined strict, controversial provisions regarding Rothschild marriages.
Mayer was concerned that the family's fortune would be diluted as it grew through marriages. As such, his will "barred female descendants from any direct inheritance" and, in effect, provided incentives for intermarriages. Four of his granddaughters married grandsons (first cousins), while one married her uncle.
Now, is this really a tale of Started from the Bottom?
Or, much like Drake, is there a rich Uncle involved?
To answer that, we need to ask: who came before Mayer Amschel?
Well, his father, Amschel Moses had a business in goods-trading and currency exchange.
He was a personal supplier of collectable coins to the Prince of Hesse.
We'll come back to that shortly...
We know little about Mayer Amschel's grandparents and more remote ancestors.
The family did previously use the name "Bauer" - in fact the name Rothschild didn't really stick until Mayer Amschel's generation came along.
Benjamin Franklin once observed that in life only death and taxes are inevitable; they are also virtually the only things about which records survive for the earliest Rothschilds.
The most we can say about the early Rothschilds is that they were relatively successful small businessmen dealing in, among other things, cloth.
Five years before his death in 1585, Isak zum roten Schild had a taxable income of 2,700 gulden.
A century later his great-grandson Kalman, a moneychanger who also dealt in wool and silk, had a taxable income more than twice as large.
It seems that his son (Mayer Amschel's grandfather Moses) successfully developed his father's business, continuing the process of steady social ascent by marrying, successively, the daughters of a tax collector and of a doctor.
With the help of relatives, Mayer Amschel secured an apprenticeship under Jacob Wolf Oppenheimer, at the banking firm of Simon Wolf Oppenheimer in Hanover, in 1757, where he acquired useful knowledge in foreign trade and currency exchange, before returning to his brothers' business in Frankfurt in 1763.
He became a dealer in rare coins and, just as his father had done previously, won the patronage of the Prince of Hesse.
His coin business grew to include a number of princely patrons, and then expanded through the provision of financial services to the Prince of Hesse.
In 1769, Mayer Amschel gained the title of "Court Agent", managing the finances of the immensely wealthy Prince of Hesse who in 1785 became William IX, Landgrave of Hesse-Kassel, and inherited one of the largest fortunes in Europe at the time.

Part 2/6 - The Five Arrows
The Rothschild coat-of-arms includes a fist clutching five arrows, a reference to Mayer's five sons.
At the turn of the nineteenth century, Mayer sent his sons to establish banks in Frankfurt, Naples, Vienna, France, and London.
The release of the "Five Arrows" symbolises strength through unity, and marks the beginning of the Rothschild's global banking dynasty.

Part 3/6 - Nathan Mayer
Napoleon was on the march through Europe, and William gave his fortune to Mayer Amschel to protect it from being seized by Napoleon.
Mayer was able to hide the money by sending it to his son Nathan in London.
The London Rothschild office had to spend it somewhere, and loaned it to the British Crown, in order to finance the British armies fighting Napoleon in Spain and Portugal in the Peninsular War.
These savvy investments of William's money paid off handsomely, netting sufficient interest that their own wealth eventually exceeded that of their original nest-egg client (the nest-egg client who had inherited the largest fortune in Europe remember).
This marked the birth of the Rothschild banking dynasty.
Historian Niall Ferguson outlines the sheer scale of the Rothschild family's operations:
"For most of the nineteenth century, N M Rothschild was part of the biggest bank in the world which dominated the international bond market. For a contemporary equivalent, one has to imagine a merger between Merrill Lynch, Morgan Stanley, J P Morgan and probably Goldman Sachs too — as well, perhaps, as the International Monetary Fund, given the nineteen-century Rothschild's role in stabilizing the finances of numerous governments."
Nathan pioneered the ingenious strategy of lending to governments during wartime.
This tactic, used when Nathan funded Wellington's army in 1814, is the primary cause of the explosion in the family's wealth during what proved to be 150 years of nearly chronic warfare.
Of course, the Rothschilds played no role in instigating said conflicts...
Continual war in Europe created excellent opportunities to profit from smuggling scarce consumer goods past military blockades. Since the Rothschilds often financed both sides in a conflict and were known to have great political influence, the mere sight of the red shield on a leather pouch, a carriage, or a ship's flag was sufficient to insure that the messenger or his cargo could pass through check points in either direction. This immunity allowed them to deal in a thriving black market for cotton goods, yarn, tobacco, coffee, sugar, and indigo; and they moved freely through the borders of Germany, Scandinavia, Holland, Spain, England, and France.
This government protection was one of those indirect benefits that generated commercial profits - of course they were also getting interest on the underlying government loans.
Even the friendliest of biographers admit that, for more than two centuries, the House of Rothschild profited handsomely from wars and economic collapses, the very occasions on which others sustained the greatest losses.

Part 4/6 - Nat
The Rothschilds tend to keep tend to keep out of the limelight.
One of the family’s grande dames said you should only appear in the newspapers on three occasions: hatch (aka birth), match (aka marriage) and dispatch (aka death).
Therefore, this makes the odd flamboyant Rothschild stand out even more.
One that springs to mind is Nat Rothschild (Jacob Rothschild's son) and ex Bullingdon Club member who in 2016 married former Page 3 model Loretta Basey.
According to Forbes, Nat's net worth was $1 billion in 2012, but he lost his official billionaire status the next year.
However, according to an article in the Observer in 2000, Nat's actual inheritance is hidden in a series of trusts in Switzerland and rumoured to be worth £40BN (i.e. $60 billion.)

Part 5/6 - Ghislaine Maxwell?
Alan Dershoiwtz, who once defended Jeffrey Epstein in court, writes:
"My wife and I were introduced to Ghislaine Maxwell by Sir Evelyn and Lady Lynne de Rothschild..."
Evelyn de Rothschild and his wife Lynn were introduced by none other than Henry Kissinger at the 1998 Bilderberg Group conference in Scotland. They married two years later, and were invited to spend their honeymoon at the White House by the Clintons.
I have an idea!
Let's type Rothschild into the WikiLeaks Hilary Clinton Email Archive.
Nice. 69 results. Let's check out the intercourse between Hilary and Lynn.
How about this one - Info For You on the 25th of September 2010?
In that email chain, we have the following message from Hilary to Lynne.
"Lynn,
I was trying to reach you to tell you and Teddy that I asked Tony Blair to go to Israel as part of our full court press on keeping the Middle East negotiations going. He told me that he had a commitment in Aspen with you two and the conference, but after we talked, he decided to go and asked me to tell you. He is very sorry, obviously, but I'm grateful that he accepted my request. I hope you all understand and give him a raincheck...Let me know what penance I owe you. And please explain to Teddy. As ever, H"

Part 6/6 - True Extent
We come to the kicker: what is true extent of the Rothschild's wealth?
Of course, it is impossible to pin down an exact number because of the level of diversification of their wealth and the secrecy with which the offshore infrastructure operates.
After all, we know what happens to those that try to expose this shady world.
Worryingly, Panama is only one of more than 90 financial secrecy jurisdictions around the world today, compared with just a dozen or so in the early 1970s.
Together, as of 2015, they hold at least $24 trillion to $36 trillion in anonymous private financial wealth, most of which belong to the top 0.1 percent of the planet’s wealthiest.
Of course, none of this offshore wealth belongs to the Rothschilds...
In 2003, the Sunday Times identified Jacob Rothschild as the secret holder of the large stake in Yukos that was previously controlled by Mikhail Khodorkovsky, the oil company's chairman.
The size of this stake? £8 billion.
In 2003, the pound dollar exchange rate was 1.63 - therefore the dollar value of the stake was around $13 billion.
In 2017, Jacob's net worth was pegged at under one billion dollars.
No comment...
According to the Forbes List, the richest individual Rothschild is Benjamin de Rothschild, from the French branch of the family, with a net worth of $1.5BN.
This is despite the fact that Benjamin presides over the Edmond de Rothschild Group, which manages over $175 billion in assets. In August 2019, de Rothschild's family bought out the group's public shareholders.
But yes, of course Benjamin, supposedly the richest Rothschild, is worth 2/3 of Donald Trump.
Speaking of Donald Trump...
Trump at one time owned a quarter of Atlantic City’s casino market.
However, Trump was heavily in debt, and he started missing bond payments on his — and Atlantic City’s — largest casino, the Taj Mahal, in 1990.
Wilbur Ross, then an investment banker working for...you guessed it, Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump’s ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan.
“Why did we make a deal with him?” one bondholder asked.
Ross insisted that Trump was worth saving.
“The Trump name is still very much an asset,” he said.
In 2017, Ross became Secretary of Commerce.
Remember folks: Presidents are selected... not elected.
https://www.youtube.com/watch?v=3wbIGFgxJd0
submitted by financeoptimum to investing_discussion [link] [comments]

The Rothschilds

No discussion of Upper Class Billionaires would be complete without the Rothschilds.
A family dynasty synonymous with wealth.
But what is the true extent of this wealth?
Just how powerful is this relatively secretive family?
With various theories circulating on the Internet, can we reach a rational consensus?

Part 1/6 - The Architect?
Mayer Amschel is often cited as the founder of the Rothschild banking dynasty.
In 1770, he married Guttle Schnapper. This boosted Mayer's wealth, as he received a generous dowry of 2,400 gulden from her father (who worked as a court agent).
Mayer wouldn't forget this and, in his will, outlined strict, controversial provisions regarding Rothschild marriages.
Mayer was concerned that the family's fortune would be diluted as it grew through marriages. As such, his will "barred female descendants from any direct inheritance" and, in effect, provided incentives for intermarriages. Four of his granddaughters married grandsons (first cousins), while one married her uncle.
Now, is this really a tale of Started from the Bottom?
Or, much like Drake, is there a rich Uncle involved?
To answer that, we need to ask: who came before Mayer Amschel?
Well, his father, Amschel Moses had a business in goods-trading and currency exchange.
He was a personal supplier of collectable coins to the Prince of Hesse.
We'll come back to that shortly...
We know little about Mayer Amschel's grandparents and more remote ancestors.
The family did previously use the name "Bauer" - in fact the name Rothschild didn't really stick until Mayer Amschel's generation came along.
Benjamin Franklin once observed that in life only death and taxes are inevitable; they are also virtually the only things about which records survive for the earliest Rothschilds.
The most we can say about the early Rothschilds is that they were relatively successful small businessmen dealing in, among other things, cloth.
Five years before his death in 1585, Isak zum roten Schild had a taxable income of 2,700 gulden.
A century later his great-grandson Kalman, a moneychanger who also dealt in wool and silk, had a taxable income more than twice as large.
It seems that his son (Mayer Amschel's grandfather Moses) successfully developed his father's business, continuing the process of steady social ascent by marrying, successively, the daughters of a tax collector and of a doctor.
With the help of relatives, Mayer Amschel secured an apprenticeship under Jacob Wolf Oppenheimer, at the banking firm of Simon Wolf Oppenheimer in Hanover, in 1757, where he acquired useful knowledge in foreign trade and currency exchange, before returning to his brothers' business in Frankfurt in 1763.
He became a dealer in rare coins and, just as his father had done previously, won the patronage of the Prince of Hesse.
His coin business grew to include a number of princely patrons, and then expanded through the provision of financial services to the Prince of Hesse.
In 1769, Mayer Amschel gained the title of "Court Agent", managing the finances of the immensely wealthy Prince of Hesse who in 1785 became William IX, Landgrave of Hesse-Kassel, and inherited one of the largest fortunes in Europe at the time.

Part 2/6 - The Five Arrows
The Rothschild coat-of-arms includes a fist clutching five arrows, a reference to Mayer's five sons.
At the turn of the nineteenth century, Mayer sent his sons to establish banks in Frankfurt, Naples, Vienna, France, and London.
The release of the "Five Arrows" symbolises strength through unity, and marks the beginning of the Rothschild's global banking dynasty.

Part 3/6 - Nathan Mayer
Napoleon was on the march through Europe, and William gave his fortune to Mayer Amschel to protect it from being seized by Napoleon.
Mayer was able to hide the money by sending it to his son Nathan in London.
The London Rothschild office had to spend it somewhere, and loaned it to the British Crown, in order to finance the British armies fighting Napoleon in Spain and Portugal in the Peninsular War.
These savvy investments of William's money paid off handsomely, netting sufficient interest that their own wealth eventually exceeded that of their original nest-egg client (the nest-egg client who had inherited the largest fortune in Europe remember).
This marked the birth of the Rothschild banking dynasty.
Historian Niall Ferguson outlines the sheer scale of the Rothschild family's operations:
"For most of the nineteenth century, N M Rothschild was part of the biggest bank in the world which dominated the international bond market. For a contemporary equivalent, one has to imagine a merger between Merrill Lynch, Morgan Stanley, J P Morgan and probably Goldman Sachs too — as well, perhaps, as the International Monetary Fund, given the nineteen-century Rothschild's role in stabilizing the finances of numerous governments."
Nathan pioneered the ingenious strategy of lending to governments during wartime.
This tactic, used when Nathan funded Wellington's army in 1814, is the primary cause of the explosion in the family's wealth during what proved to be 150 years of nearly chronic warfare.
Of course, the Rothschilds played no role in instigating said conflicts...
Continual war in Europe created excellent opportunities to profit from smuggling scarce consumer goods past military blockades. Since the Rothschilds often financed both sides in a conflict and were known to have great political influence, the mere sight of the red shield on a leather pouch, a carriage, or a ship's flag was sufficient to insure that the messenger or his cargo could pass through check points in either direction. This immunity allowed them to deal in a thriving black market for cotton goods, yarn, tobacco, coffee, sugar, and indigo; and they moved freely through the borders of Germany, Scandinavia, Holland, Spain, England, and France.
This government protection was one of those indirect benefits that generated commercial profits - of course they were also getting interest on the underlying government loans.
Even the friendliest of biographers admit that, for more than two centuries, the House of Rothschild profited handsomely from wars and economic collapses, the very occasions on which others sustained the greatest losses.

Part 4/6 - Nat
The Rothschilds tend to keep tend to keep out of the limelight.
One of the family’s grande dames said you should only appear in the newspapers on three occasions: hatch (aka birth), match (aka marriage) and dispatch (aka death).
Therefore, this makes the odd flamboyant Rothschild stand out even more.
One that springs to mind is Nat Rothschild (Jacob Rothschild's son) and ex Bullingdon Club member who in 2016 married former Page 3 model Loretta Basey.
According to Forbes, Nat's net worth was $1 billion in 2012, but he lost his official billionaire status the next year.
However, according to an article in the Observer in 2000, Nat's actual inheritance is hidden in a series of trusts in Switzerland and rumoured to be worth £40BN (i.e. $60 billion.)

Part 5/6 - Ghislaine Maxwell?
Alan Dershoiwtz, who once defended Jeffrey Epstein in court, writes:
"My wife and I were introduced to Ghislaine Maxwell by Sir Evelyn and Lady Lynne de Rothschild..."
Evelyn de Rothschild and his wife Lynn were introduced by none other than Henry Kissinger at the 1998 Bilderberg Group conference in Scotland. They married two years later, and were invited to spend their honeymoon at the White House by the Clintons.
I have an idea!
Let's type Rothschild into the WikiLeaks Hilary Clinton Email Archive.
Nice. 69 results. Let's check out the intercourse between Hilary and Lynn.
How about this one - Info For You on the 25th of September 2010?
In that email chain, we have the following message from Hilary to Lynne.
"Lynn,
I was trying to reach you to tell you and Teddy that I asked Tony Blair to go to Israel as part of our full court press on keeping the Middle East negotiations going. He told me that he had a commitment in Aspen with you two and the conference, but after we talked, he decided to go and asked me to tell you. He is very sorry, obviously, but I'm grateful that he accepted my request. I hope you all understand and give him a raincheck...Let me know what penance I owe you. And please explain to Teddy. As ever, H"

Part 6/6 - True Extent
We come to the kicker: what is true extent of the Rothschild's wealth?
Of course, it is impossible to pin down an exact number because of the level of diversification of their wealth and the secrecy with which the offshore infrastructure operates.
After all, we know what happens to those that try to expose this shady world.
Worryingly, Panama is only one of more than 90 financial secrecy jurisdictions around the world today, compared with just a dozen or so in the early 1970s.
Together, as of 2015, they hold at least $24 trillion to $36 trillion in anonymous private financial wealth, most of which belong to the top 0.1 percent of the planet’s wealthiest.
Of course, none of this offshore wealth belongs to the Rothschilds...
In 2003, the Sunday Times identified Jacob Rothschild as the secret holder of the large stake in Yukos that was previously controlled by Mikhail Khodorkovsky, the oil company's chairman.
The size of this stake? £8 billion.
In 2003, the pound dollar exchange rate was 1.63 - therefore the dollar value of the stake was around $13 billion.
In 2017, Jacob's net worth was pegged at under one billion dollars.
No comment...
According to the Forbes List, the richest individual Rothschild is Benjamin de Rothschild, from the French branch of the family, with a net worth of $1.5BN.
This is despite the fact that Benjamin presides over the Edmond de Rothschild Group, which manages over $175 billion in assets. In August 2019, de Rothschild's family bought out the group's public shareholders.
But yes, of course Benjamin, supposedly the richest Rothschild, is worth 2/3 of Donald Trump.
Speaking of Donald Trump...
Trump at one time owned a quarter of Atlantic City’s casino market.
However, Trump was heavily in debt, and he started missing bond payments on his — and Atlantic City’s — largest casino, the Taj Mahal, in 1990.
Wilbur Ross, then an investment banker working for...you guessed it, Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump’s ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan.
“Why did we make a deal with him?” one bondholder asked.
Ross insisted that Trump was worth saving.
“The Trump name is still very much an asset,” he said.
In 2017, Ross became Secretary of Commerce.
Remember folks: Presidents are selected... not elected.
https://www.youtube.com/watch?v=3wbIGFgxJd0
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