Putin did not nationalize Russian central bank, and Rothchilds never controlled Russia

Russian President Vladimir Putin was not responsible for the nationalization of the Russian centralized bank, which took place in 1917. • The Rothschild family banking business has had an office in Russia since the 1990s, but it has no oversight over the country's currency or monetary policies, which are controlled by the Bank of Russia. • The Rothschild family long has been the target of conspiracy theories, and their wealth is believed to be responsible for inspiring the anti-Semitic trope that Jewish people "control" the world's money. Our ruling A Facebook post says Putin "ended the Rothschild's control over Russia by nationalizing the Russian centralized bank." Putin did not nationalize the Russian centralized bank; that occurred in 1917. Evidence does not support the claim that the Rothschild family had control over Russia. The family's banking business has had an office in Russia since the 1990s ' though it recently suspended operations ' but it has no oversight over the country's currency or monetary policies, which are controlled by the Bank of Russia. We rate this claim False.
Title: Putin did not nationalize Russian central bank, and Rothchilds never controlled Russia
URL: https://www.politifact.com/factchecks/2022/apr/20/facebook-posts/putin-did-not-nationalize-russian-central-bank-and/
Publisher: PolitiFact
Date published: April 20, 2022
Description:

Russian President Vladimir Putin was not responsible for the nationalization of the Russian centralized bank, which took place in 1917.

• The Rothschild family banking business has had an office in Russia since the 1990s, but it has no oversight over the country’s currency or monetary policies, which are controlled by the Bank of Russia.

• The Rothschild family long has been the target of conspiracy theories, and their wealth is believed to be responsible for inspiring the anti-Semitic trope that Jewish people “control” the world’s money.

Our ruling
A Facebook post says Putin “ended the Rothschild’s control over Russia by nationalizing the Russian centralized bank.”

Putin did not nationalize the Russian centralized bank; that occurred in 1917.

Evidence does not support the claim that the Rothschild family had control over Russia. The family’s banking business has had an office in Russia since the 1990s ‘ though it recently suspended operations ‘ but it has no oversight over the country’s currency or monetary policies, which are controlled by the Bank of Russia.

We rate this claim False.