Albanese and RBA ready to adopt Biden and G7’s cashless society?

The Report page has been taken down. If, by any chance, the Editor has a copy of it, can you please put it up so those of us who wish to r3ead nd print it off for others can do so. Thanks 🙂

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Hi David: unfortunately the author, Banjo Billy, passed away before he finished the final volume. So there are only two books available.

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To aapkoning, fair call.
Generally with the gematria language they explain the coding after the event has occurred rather than before.
It’s just one of those things.
We all have a fairly good idea of their intentions with at least 4 staged hacker attacks so far.
They had a second Cyberpolygon simulation on July 9 last year (2021).
Will the next hacker attack be 666 days after that!!
I guess the take home message is not to take anything for granted because of the element of surprise, as usual.

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Col. Richard Black (ret.) was former head of the US Army’s Criminal Law Division at the Pentagon and served in the Virginia legislature first as Representative and then as a State Senator and recently, 18-19 June, he addressed the topic “There Can Be No Peace Without the Bankruptcy Reorganisation of the Dying Trans-Atlantic Financial System.”

He said: “The sanctions war has failed. The entire financial might of the Western World was unleashed against Russia. The Biden administration swore that the Russian ruble would be crushed into dust. But today, the ruble is stronger than before the war. This year, it has been the strongest of all currencies. Russian inflation peaked around 15 per cent and is expected to subside. But as their inflation tops out, Europe’s and America’s have just begun skyrocketing dangerously. The price of bitcoin dropped 5,000 points just overnight. The stock market is becoming extremely erratic and rocky. The Economist reports that Russia is generating a record trade surplus, with a billion dollars a day flowing in from oil and gas. Russia’s US$250 billion trade surplus more than doubled its surplus in the year before the war. Despite sanctions, Russia has forged stronger ties with China, India, South Africa, Iran, Brazil, Saudi Arabia; all of which continue trading at enhanced levels with Russia.”

Other voices are speaking too.

“According to [Russian State] Duma President Volodin, the emerging G8, of Russia, China, India, Indonesia, Brazil, Mexico, Iran, and Turkey, already has bypassed the G7 in terms of the GDP. Other organisations and nations are working toward a new model of a global order, such as the Shanghai Cooperation Organisation, the Collective Security Treaty Organisation, ASEAN, and many nations in the Global South. What all of these countries are aiming at, is the wish for common poverty alleviation, real development of their physical economies, national sovereignty, the right to choose their own model of social and economic development, and cooperation in their mutual interests….”

“So, the ‘democracies’ are really only the US, Great Britain, the EU (which, however, is divided), Japan, Australia, and South Korea. So when, at the end of this month, the annual
NATO Summit meets in Madrid to present a plan for a Global NATO and a new security doctrine, without a real economic development plan, naturally, which it certainly will not have,
it will fail to address the actual needs of a world faced with famine, pandemic, and economic chaos.”

The Australian Alert Service 29 June states: “Anthony Albanese has taken the reins of an Australian government apparatus that is tied closely into the Anglo-American war machine, and the failing City of London-Wall Street financial system. While the new PM hasn’t had a chance to do much yet, the early signs on foreign policy are alarming. His participation this week in the NATO summit in Spain, the alliance that deliberately caused the current Ukraine conflict, and his rhetoric pledging Australia will work with its NATO “allies and partners, globally and in the Indo-Pacific”, combined with his refusal to repeat the public support he
expressed as Opposition Leader for releasing Julian Assange, demonstrate the strength of our bonds.”

Source: Australian Alert Service, 29 June 2022, Vol. 24, No. 26,

[Tony, you have many in agreement with your analysis, I think]

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Indeed aapkoning, although the author is rather winded at times, the book is interesting due its analysis of old Mesopotamian cuneiform tablets and ancient Middle Eastern texts relating to the origins of finance.

Debt was so rampant and destructive to society, that Hammurabi [I think?] introduced the concept of nationwide ‘debt forgiveness’ – otherwise known as the ‘Jubilee’ (Jubilation).

The planned debt forgiveness underlying the Great Reset, is in all but name, a contemporary Jubilee. Hence the moneylenders have been working overtime at getting the little people into debt [especially student debt], so they can cancel their trillions of debt accumulation without any challenge from the little people people.

Long ago, the Sumerian/Jewish moneylenders realised two important facts, ie., [i]. Gold/silver is finite, and [ii]. Interest is infinite. Hence their worship of the god of infinity = Interest.

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Another simple example into the unseen reality of the Moneylenders mortgage scam.

‘Or for those modern people who have fallen into the banker’s trap of buying a home on credit, here is something to think about. Even at simple interest of 5%, if you buy a $100,000 home on a 30 year mortgage, you will end up paying off the loan after 30 years for a total of $250,000. Even at simple interest, you are really not paying 5% to own a home, you are actually paying a total of 150% which is an extra $150,000 over the $100,000 price of the home. More than double the original price! The home does not increase in value, rather, the money decreases in value through the automatic inflation created by the Sumerian Swindle.’

‘But home loans are calculated with compound interest. Using the same amounts at compound interest, a $100,000 home costs and extra $332,194 for a total of $432,194. In other words, you are actually paying over 400% for your home, not 5%. Such are the frauds of the modern bankers. But it gets much worse as is described in Volume III, The Bloodsuckers of Judah.’ (The Sumerian Swindle. p. 277).

Click to access How%20the%20Jews%20Betrayed%20Mankind%2C%20Volume%201%2C%20The%20Sumerian%20Swindle.pdf

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Andrew Mackinnon, “soon” Australia might be in need of a new treasurer. You seem more qualified than anything that has come (or was put into) from the Canberrian sewers financial sector for at least the last two decades.

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Aapkoning, please explain the difference between JOG & the in UK very common ZOG?

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I always thought this was an excellent analysis into the origins of the ‘robbery of interest.’ [The Sumerian Swindle. p. 19]. Chapter III is well worth reading..

‘To illustrate the Sumerian Swindle and for the sake of unravelling this ancient mystery in a simple way, let’s assume that there is only one moneylender in the whole world and only two pieces of money. The two pieces of money can be lumps of gold or silver, pennies, francs, yuan, Reich marks, dollars, whatever name you wish to use for them – but there are only two of them. I could use two dollars for this example or even two pennies but since the Mesopotamians used weights of silver in their system of exchange, let’s do the same for this as well as for the examples given later. A shekel weight of silver was about one-third ounce or about eight grams. Let’s assume that there are only two shekels of silver in the whole world.

Now suppose that there are two men who want to borrow from the Mesopotamian banker one
shekel of silver each. Either they are merchants or farmers or perhaps only a parent wishing to have a big wedding party and dowry for a beloved daughter. Each man goes to the banker to borrow one shekel of silver, which the banker loans at fifty percent interest for one year.
Now, remember, (for the sake of this illustration) there are only two shekels of silver in the entire world. At fifty percent interest for each shekel, that means that each borrower must return one and a half shekels to the banker at the end of the year. And if each man returns to the banker one and a half shekels, that adds up to a total of three shekels that the banker will have in his hands. But remember, there are only two shekels of silver in the entire world! So, how can these borrowers return to the banker three shekels of silver?

In fact, it is impossible. We can see the impossibility when the problem is simplified like this. But this impossibility is hidden from the average man because in reality, the amounts of money are so large and they involve so many borrowers that the swindle is not so easily perceived. And yet, there is always less money available in reality than what the banker demands because the arithmetic creates something that is not really there – an extra shekel out of thin air. You can call it simple arithmetic but the ancient moneylenders called it quite simply, “Oy Gevalt! A miracle!” From this phantom of interest-on-a-loan, all other frauds arose within the Sumerian Swindle, a swindle of phantom interest demanding repayment in real goods.’

Click to access How%20the%20Jews%20Betrayed%20Mankind%2C%20Volume%201%2C%20The%20Sumerian%20Swindle.pdf

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I’ve made a note to use my real email address from now on when posting at Cairns News, including this short post.

Thanks a lot for the interesting articles that you post on Cairns News and for the huge audience that you’ve built up over many years, both in Australia and overseas, which is invaluable for quickly distributing relevant information to a large number of people.

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There is no need for banks in Australia to charge interest on the money that they create when they lend.

When any bank in Australia lends for any purpose, it creates the money that it lends out of nothing and charges interest on it, which causes the size of the money supply in Australia to increase by the amount of principal loaned.

The bank debits its loans asset account for the amount lent to signify the debt owing to it and it credits its deposits liability account to provide its customer with the amount it has lent to them so that the customer can utilise those funds in the bank account that the customer holds with the bank.

When a customer of any bank in Australia repays principal of their loan and pays interest on their loan, the bank debits its deposits liability account for the amount of principal repaid and interest paid, which reduces the customer’s bank account by the same amount, credits its loans asset account for the amount of principal repaid and credits its revenue account for the amount of interest paid.

These interest payments are used to pay the salaries of bank employees and other expenses, with the remainder constituting the bank’s profit, out of which dividends are paid to the shareholders of the bank so that they can share in this interest revenue also.

The Reserve Bank of Australia was established in 1959 via the Reserve Bank Act. It commenced operation early the next year on 14th January, 1960, more than 60 years ago. The purpose of the Reserve Bank of Australia has always been to maximise the interest revenue collected by the banks in Australia under its authority, which were first publicly owned then later privately owned by shareholders.

In 2015, in Australia, which had a population of about 24 million people at the time, about $30 billion dollars was paid to the staff who run the banks, as well as for other expenses, and another $30 billion was earned in profits for the shareholders of these privately-owned banks, all courtesy of the fraud of interest charged on money created out of nothing and lent to the citizenry. That’s a total of $60 billion in one year paid in interest to the banks by Australian citizens on money that the banks created out of nothing and lent to them. It’s the equivalent of $3,185 paid in 2015 by every adult citizen of Australia aged 18 years and over to the banks in interest. Around 78.5% of the population of 24 million in 2015 was aged 18 years and over, being around 18,840,000 citizens.

97% of the money in circulation in Australia, constituting the money supply, is money created by the banks when they lend for any purpose. The other 3% is physical notes and coins. The majority of this 97% arises from mortgage lending. The majority of the money that banks create is the result of mortgage lending. Mortgage lending constitutes the majority of bank lending.

The reason why the Reserve Bank of Australia is currently increasing interest rates is to discourage Australian citizens and Australian entities from borrowing in order to decrease the amount of money that is created as a result of banks lending to them and thereby decrease the size of the money supply in Australia in an effort to reduce inflation.

(When the Reserve Bank of Australia thinks that there is not enough money in circulation in Australia, it decreases interest rates to encourage Australian citizens and Australian entities to borrow in order to increase the amount of money that is created as a result of banks lending to them and thereby increase the size of the money supply in Australia.)

However there is no need for banks in Australia to charge interest on the money that they lend and there is no need for the Reserve Bank of Australia to increase and decrease interest rates in order to respectively decrease and increase the size of the money supply in Australia.

The method that should be used to increase and decrease the size of the money supply in Australia is increasing and decreasing the amount of principal that the banks are allowed to lend to Australian citizens, Australian businesses (such as sole traders, partnerships and companies) and Australian not-for-profit entities (such as churches) for different types of loans, expressed as a multiples of the incomes of Australian citizens, multiples of the profits of Australian businesses (such as sole traders, partnerships and companies) and multiples of the operating surpluses of Australian not-for-profit entities (such as churches). These multiples should be different for different types of lending, such as mortgages, personal loans, business loans to sole traders, partnerships and companies and loans to not-for profit entities.

A publicly-owned federal entity named the “Australian Bank” should be established to administer the operation of the banks in place of the Reserve Bank of Australia. The Reserve Bank of Australia should be abolished.

All banks, such as the Commonwealth Bank, Westpac, National Australia Bank and the Australia and New Zealand Banking Group, should be ordered to stop charging interest on the money they create out of nothing when they lend and to operate on a not-for-profit basis. However, it will be necessary for all banks to charge a rate of less than 1% on all money that they lend in order to cover the incidence of borrowers defaulting on loans. The banks should cover their operating costs by charging transaction fees and account-keeping fees, which should be restricted to the actual costs incurred by the banks to process the transactions of Australian citizens and Australian entities and to administer the accounts of Australian citizens and Australian entities.

The licences of the banks to trade in Australia should gradually be revoked by the Australian federal government. They should be brought under public ownership so that their branches become branches of the Australian Bank as required to service the banking needs of Australian citizens and Australian entities.

When a bank in Australia currently lends money to a customer in the form of a mortgage with which to purchase real estate, the customer pays the overwhelming majority of the amount borrowed to the seller of the real estate that the customer chooses to purchase. Apart from stamp duty paid on the real estate purchase by the customer to state governments, commission paid to a real estate agent on the sale of the real estate by the seller and perhaps renovations of the real estate purchased, carried out by the customer using part of the money they have borrowed from the bank to fund their purchase of the property, the only way that newly created money as a result of mortgage lending is going to make its way into the economy and into the hands of Australian citizens is if the seller whose house has been purchased as a result of that mortgage lending spends the money they receive as a result of selling their house. If they predominantly invest the money in assets such as real estate or shares, then the majority of the money is only going to slowly find its way into the economy involving the day-to-day transactions of the majority of Australian citizens.

This problem has been even further exacerbated by the inflation of house prices as a result of increased demand for housing via mass immigration (which increases the size of population and thereby increases demand for housing) and via taxation concessions made to property ‘investors’ (who borrow from the banks so that they can ‘invest’) via negative gearing so that they will be able to afford the repayments on their mortgages for their ‘investment’ properties, which they wouldn’t otherwise be able to afford. They wouldn’t otherwise have sufficient cash flow to afford the repayments. As a result of the inflation of house prices, the proportion of money in circulation in Australia as a result of mortgage lending by the banks is even higher.

In Australia, we need a money supply in which a large proportion of the money supply didn’t come into existence as a result of lending. There are activities that occur on a regular, consistent and ongoing basis in order to support the lives of Australia citizens, such as the growing and distribution of food, the production and distribution of electricity and the accumulation and distribution of water and gas, to name just a few. These activities need to be supported by a large proportion of the money supply that didn’t come into existence as a result of bank lending but instead came into existence as a result of the government creating this money and spending it into circulation or giving it to Australian citizens.

The problem that many Australian citizens were experiencing in late 2019 and early 2020 was that there was insufficient money in circulation as a result of a decline in borrowing by Australian citizens from the banks. In addition, the supply of money that is in circulation does not offer stable support to their day-to-day economic activity. Because 97% of the money in circulation is created via bank lending, the size of the money supply is in a constant state of change. When principal is lent by the banks, the money supply increases in size. When principal is repaid by borrowers, the money supply decreases in size.

In contrast, money that is in circulation as a result of the government creating money (and spending it or giving it to Australian citizens) can only be taken out of circulation if the government decides to destroy money that it has collected via taxation because it believes that there is too much money in circulation which is causing excessive inflation of prices.

The way money is created in Australia needs to change. The Australian government should be responsible for money creation, not the privately-owned banks via their lending. The size of the money supply in Australia shouldn’t depend almost exclusively on citizens borrowing money with 97% of the money in circulation coming into existence as a result of lending. The only entity that should have the authority to create money in Australia and control the size of the money supply in Australia is the Australian federal government which should create money via a publicly-owned Australian Federal Bank by spending it into circulation or giving it to Australian citizens or lending it to Australian citizens or Australian businesses or Australian not-for-profit entities for any purpose, including mortgages. The Australian Federal Bank would not charge interest when it lends, however it would need to charge a rate in the vicinity of 0.5% to 1% on all lending to cover the incidence of default on the loans by the borrowers (i.e. non-repayment of principal borrowed). This rate would be different for different types of lending, such as mortgages and business loans. The sole purpose of this rate would be to cover the incidence of default on loans, not to profit from the lending.

There would have to be some mechanism for limiting government lending to the citizenry since the publicly-owned Australian Federal Bank would create all of the money that it lends so that the money supply increases when it lends. Unrestrained lending would lead to a rapidly increasing money supply and associated inflation of prices.

Citizens would be able to borrow in order to buy a house to live in and possibly a holiday house but they wouldn’t be allowed to borrow in order to buy a house as an investment to rent out in order to earn income. Investment would need to be funded out of savings, including houses and shares to name just two investments.

The amount that the Australian Federal Bank would lend to any given citizen for any given purpose, such as buying a house to live in, would be limited by factors such as the income of the citizen and the size of the deposit that the citizen has saved towards the purchase, with zero dollars obviously being the minimum possible size of the deposit saved. The Australian Federal Bank would decide upon the multiple of any given citizen’s income (such as three times) to lend to them for any given purpose, such as buying a house to live in or buying a motor vehicle.

If necessary, the Australian government could also create money and bring it into circulation in order to increase the money supply by giving the money to Australian citizens in proportion to the amount of net tax they have paid to the Australian government during their lives, defined as tax paid to the Australian government minus money received from the Australian government in this manner as a result of money creation by the Australian government.

The Australian Federal Bank would be run on a not-for-profit basis whereby the cost of running its operation would be covered by transaction fees and account keeping fees that reflect the true costs incurred by the bank to process transactions and maintain the accounts of Australian citizens, Australian businesses and Australian not-for-profit entities (such as churches, publicly-owned utilities, public service organisations and local government areas).

There would no longer be any need for the Australian government to borrow money by issuing government bonds to those from who it borrows, as is currently the case. This borrowing needs to repaid with interest (i.e. principal and interest) out of taxation revenue, paid by Australian citizens, when the Australian government could easily create this money to fund its spending requirements without requiring Australian citizens to repay it via taxation or pay interest on it via taxation.

Our current predicament in which privately-owned banks in Australia create money out of nothing when they lend and then charge interest on it is a Jewish (i.e. Edomitish) fraud whose perpetrators are committed to protecting it at all costs. The Coronavirus hoax was instigated worldwide in late 2019 by the Rothschilds-led synagogue of Satan (which controls the United Nations and its World Health Organization) in order to provide a reason for the failing economies in countries all around the world which draws attention away from the real reason – insufficient money in circulation in countries all around the world as a result of insufficient borrowing from privately-owned banks by citizens in countries all around the world who rightfully view these banks with distrust and disdain because they charge interest on the money they create out of nothing when they lend.

Providing a sound monetary system for the citizenry is one of the most important services that a sound government is obligated to provide. There is absolutely no reason whatsoever why any money in circulation should obligate citizens to pay interest on it, whether interest to privately-owned banks or interest to bondholders. When citizens pay interest to privately-owned banks as a result of money borrowed, they receive nothing of value in return, because the money lent to them was created out of nothing by the banks. This is a cleverly-disguised system of slavery whereby the citizenry work to earn the money required to pay the interest without receiving anything of value in return for that money earned and paid. The recipients of the interest paid, being the bank employees and the shareholders of the banks, use the interest paid to buy the goods and services that the citizenry produces in the course of earning the money to pay the interest. This is a massive transfer of wealth from those paying the interest, being the citizenry, to those receiving the interest, being the bank employees and the shareholders of the banks. Over the course of repaying a mortgage on a house, a borrower from a privately-owned bank under our current banking system pays in the vicinity of 80% of the principal amount borrowed in interest to the bank. This borrower repays the principal amount borrowed and also pays an additional amount to the bank as interest equivalent to around 80% of the principal amount borrowed.

If the principal amount borrowed is $500,000, the total amount repaid to the bank over the life of the mortgage is around $900,000. When the bank lent the $500,000 principal, a bank employee processed the paperwork and typed the $500,000 into a computer so that this money, created out of nothing with a few keystrokes, was available in the account of the borrower. In return for this negligible amount of work to lend the $500,000, the bank is repaid $900,000, which includes $400,000 in interest. About half of the interest of $400,000 is paid to bank employees as salaries and to cover other expenses. The remaining $200,000 is booked as profit, out of which dividends are paid to the bank’s shareholders.

We have been living under slave conditions for decades now. The Coronavirus hysteria was intended to keep us in slave conditions by providing a reason for the failing economies around the world which distracts from the real reason – the Jewish (i.e. Edomitish) fraud of interest charged by the banks on money created out of nothing when they lend. The Jewish (i.e. Edomitish) perpetrators of the Coronavirus hysteria, being the Rothschilds-led synagogue of Satan, intend to start new monetary systems in countries around the world in the aftermath of this hoax which similarly enshrine this Jewish (i.e. Edomitish) fraud as their centerpieces.

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comeinspinner: You make 2 good points.1. Is it really a really flag or just photoshopped 2. Mr Editor please enlighten us.
Yes I checked = it is the NATO symbol. God help us all.

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Can someone please explain what the globalist symbol is & what it means,( on the Aussie flag in the top photo of Albanese, thanks.

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