The Greatest Wealth Transfer Ever

And The First Steps For Reversing It

In the late 1800s, a small group of industrialist titans emerged in America’s economy. They used “ruthless and unethical business tactics to dominate vital industries”, earning them the nickname “robber barons”. This time period is referred to as the Gilded Age.

These men were captains of industry and some of the richest people in history. As noted by Britanica, they:

Made fortunes by monopolizing huge industries through the formation of trusts, engaging in unethical business practices, exploiting workers, and paying little heed to their customers or competition.

They had names you might recognize, such as:

• JP Morgan (finance)

• Cornelius Vanderbuilt (steamboats and railroads)

• Andrew Carnegie (steel)

• Jay Gould (railroads and financial speculation)

• John D. Rockefeller (oil)

By some measures, Carnegie and Rockefeller’s wealth reached almost $400 billion - each. While many recognize these names for their philanthropy, they accumulated their wealth by taking, not giving.

The New Gilded Age

For all the faults of the robber barons of 150 years ago, those were the good old days.

We are currently in a new Gilded Age. And today’s robber barons are much more powerful and destructive than the barons of yesteryear. They are driving the largest transfer of wealth in history. A transfer that drains power from regular folks and accumulates it in the hands of a powerful few. While you might recognize the names of some of today’s robber barons, much of this is being orchestrated by global elites who often fly under the radar.