By Senator Gerard Rennick
Labor Treasurer Jim Chalmers has recruited Andrew Hauser, a banker from the Bank of England, to be Australia’s new Reserve Bank of Australia deputy governor. Why does Australia need a foreigner to run our Central Bank? Furthermore, the RBA refused to release the audit findings of Australia’s gold reserves held by the Bank of England.
of the smartest economists
ever in the Liberal Party
takes former RBA Governor
Phillip Lowe apart over
monetary policy
Hauser has insisted that the RBA’s primary focus is on achieving a specific level of inflation, not targeting a particular interest rate. In his first public comments since starting the role in February, Hauser also noted the dangers of central bankers making predictions about future interest rates.
It’s a bit late for that given that’s exactly what Phillip Lowe did when he said he wouldn’t raise interest rates until 2024 and then raised them 11 times before 2024.
If the RBA is truly committed to tackling inflation, it should issue low-cost bonds to federal and state governments for infrastructure projects to increase the supply of essential services, instead of imposing austerity through rapid interest rate hikes.
For those unfamiliar with accounting, when a government-owned bank issues bonds for infrastructure it will also own, it is essentially issuing equity (shares). The earnings from both the infrastructure and the bonds will return to the government. This is in contrast to the Government using debt to fund infrastructure, whereby the interest and capital generated by the infrastructure has to be repaid offshore.
Meanwhile, RBA Governor Michelle Bullock told Senate Estimates that the term ‘per capita recession’ was not useful as recessions referred to “losses of jobs and human difficulties”.
If job losses and human difficulties are not useful as an economic indicator, then I don’t know what is. Talk about out of touch. Above is a segment from 2022 of a conversation with former RBA boss Phillip Lowe regarding this exact issue.
Just look at Australia’s debt rally over the past week, and its still heading lower (click on 1 Week time frame of chart).
https://tradingeconomics.com/australia/government-bond-yield
Monday should be interesting, especially if we see another major Black Swan event over the weekend when markets are closed.
This new Risk On rally is going to push another lot into the gutter, as con only be expected.
Well just look at what’s happened to the global economy since this debt themed article was published.
Extremely major actions now going on in the debt markets, causing the U.S. 10YY to plummet. This means massive, massive amounts of new debt creation and purchases by the FED.
What’s going on is extremely serious, where as previously highlighted, the stock market is now crashing and attempting to correct big time.
In consequence, the FED is now ’emergency buying’ enormous amounts of debt to prop up the haemorrhaging stock markets and artificially stem a complete meltdown in the U.S. economy. Hence the precipitous falls in the 10YY.
Even with the past few days of huge money creation and injection of cash into the debt markets, the U.S. economy is still collapsing [which is also replicated in the interconnected global markets]. If the FED had not acted, the U.S. stock market and economy would be completely down.
This constitutes a massive ‘rally’ in the debt market, meaning a ‘new wave’ of enormous currency devaluation and consumer inflation, i.e., impoverishment.
The U.S. economy is currently in free fall, and the global economy is now contracting at the fastest pace its ever seen before.
This is a co-ordinated Central Bank takeover acting out in real time.
And remember both Donald and Kamala are promising the same thing, – lower interest rates, – meaning they are both promising further currency devaluation and consumer impoverishment, albeit, in the ‘officially designated’ sense.
crisscross767 quoted Thomas Jefferson – “If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
… and lo, here in Australia we have LEGIONS of homeless people now living in their cars and in tents under bridges.
Surprise!
Billions for the Bankers
Debt for the People
by
Pastor Sheldon Emry
1984
Billions for the Bankers is not copyrighted. Feel free to copy and distribute.
Preface
“The love of money is the root of all evil.” (1 Tim. 6:10) “If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.” Exodus 22:25
“Take no usury of him, or increase…thou shalt not give him thy money upon usury.” Leviticus 25:36-67
“Unto thy brother thou shalt not lend upon usury: That the Lord thy God may bless thee.” Deuteronomy 23:20
In the early Church, any interest on debt was considered usury.
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson
The Real Story of the Money-Control Over America…………………..
https://radiochristianity.com/billions-for-the-bankers-debt-for-the-people/
Getting too long for comments. Ed
Elbow is congratulating himself today about his budget surplus which he achieved by lowering the bar a long way to give himself an on-paper, year on year fake surplus. He looks very satisfied with his own cleverness and all the M$M including fake news ABC-TV lets him parrot the line. Previously I recall John Howard did the same trick and said he had globalised the unemployment statistics which were about 7% but once adjusted became 5% – a miracle !!! Thanks to all those people who worked one hour a week suddenly being claimed as “employed”. Now it is clear the banks are lying too and they will send out some lackey with some message we are all supposed to believe, then six months later they will flip the deal and it’s the opposite. The lackey is gone and forgotten. The entire taxation, banking and financial system including superannuation is designed to extract as much value from everything as possible by stealth, like a parasite, like a huge intestinal worm, that you are not supposed to realise is enjoying a very comfortable existence in your bowels.
Daviddd2 says – “1 oz remains 1 oz, it’s the dollar and your labour that changes in value. Regular folk who used to earn $60 p.w. and pay 40 cents for a packet of fags some 50 years ago will tell you by how much.”
When cigarettes went up to 33 cents a packet I gave them up. Too expensive for me at the time. I carried a packet of Peter Stuyvesant 12’s in my pocket for about a year and never opened them up.
Modern day Babylon is soon to fall –
The Jews are of Esau from Idumea, and therefore not of Israel or Judah; Jewish Encyclopedia, 1925, vol. 5, page 41.
Esdras 6:9 …”For Esau(Edom) is the end of this age, and Jacob is the beginning of the age that follows
New York City is defined in the Federal Regulations as the United Nations. Rudolph Gulliani stated on C-Span that “New York City was the capital of the World” and he was correct. (20 CFR chapter 111, subpart 422.103 (b) (2) (2)
The UN Charter is based on the former USSR Constitution
“The United Nations is Zionism. It is the super government mentioned many times in the Protocols of the Learned Elders of Zion, promulgated between 1897 and 1905.” – Henry Klein, New York, Jewish Lawyer, in Zionism Rules the World, 1948.
January, 1955
WORLD GOVERNMENT BY THE JEWS
Of the 1,800 executives employed at United Nations headquarters in New York City, over 1,200 are Jews.
In its current report in the American Jewish Yearbook, the American Jewish Committee labels opposition to the United Nations as anti-semitism.
David Ben-Gurion, first Prime Minister of the State of Israel, told American newsmen in an interview in 1948, “The United Nations ideal is a Jewish ideal.” Read on –
h ttps://crashrecovery.org/fatherfeeney/point/55-jan.html
In 1991, at the start of the Canaanite/Edomite owned Banks war on Iraq’s Saddam Hussein, Jeremiah chapters 50 and 51 struck me on analysis as being especially significant in that they show what I see as the final stages of the Canaanite/Edomite Babylonian rule over the whole Earth.
I read a piece in Halley’s Bible Handbook which said – “These two chapters pronouncing the doom of Babylon were copied in a separate book and sent to Babylon, in a deputation headed by King Zedekiah, seven years before Nebuchadnezzah burned Jerusalem. The book was to be read publicly, and then in solemn ceremony, sunk, tied to a stone in the Euphrates, with these words, “Thus shall Babylon sink and not rise”.
2 Peter 3:8-9 “But, beloved, do not forget this one thing, that with the Lord one day is as a thousand years, and a thousand years as one day. The Lord is not slack concerning His promise, as some count slackness, but is long suffering toward us, not willing that any should perish but that all should come to repentance”.
Jer. 50:9 “For, lo, I am stirring up a company of great nations from a northern land against Babylon, and they will array against her. From there shall she be captured”.
Jer. 50:15 “Shout [ split the ears ] against her all around. She has given her hand, her foundations have fallen [feet of iron mingled with clay].
Jer. 50:17 “Israel is a scattered sheep, by lions driven away. First, the king of Assyria devoured him; and this last Nebuchadrezzah of Babylon has broken his bones”.[ see Daniel 6:24 ]
Jer. 50:21 “Go up against the land of Merethaim [symbolic Babylon], against it, and against the people of Pekod [symbolic Babylon], waste and destroy after them, says God, and do according to all that I have commanded you”.
Jer. 50:23 “How the hammer of the whole earth is cut in two and broken”. [This is Vulcans hammer, the god of confusion.]
Jer.50:24 “I have laid a trap for you, and you are also captured, O Babylon, and you did not know…….”
Jer.50:27 “Put to the sword all her bulls” [leaders – mighty ones].
Jeremiah 50:29 “Call up the archers [Arabs] against Babel all ye that prepare for conflict a bow, besiege it all around. Let none thereof escape, recompense her according to her work and according to all that she hath done, do unto her, for she hath been haughty against our Father even against the Sacred Man of Israel. Therefore her young men shall fall in the streets, and her men of war shall be silenced in that day says our Father Lord God of armies; for your day has come, the time I will punish you. And the haughty one shall stumble and fall, and none shall raise him up”.
Who are the “archers” ? Ishmael – Abrahams son ……….Genesis 21:20 “So God was with the child and he grew and dwelt in the wilderness and was an archer”. Strongs 693 [aw-rab ] means to lurk or lie in wait .694 [ar-awb] means “ambush”. 7198, Archer, means “bow-bender”.
Jer. 50:33-34 The Jubilee has passed, the Redeemer now pleads for the sons of Israel and Judah [Jerusalem – let plead for peace and prosperity] and gives turmoil to the inhabitants of Babylon. See Leviticus 25:47
Jer. 50:35 “A sword is on the Chaldeans, states God and on the residents of Babylon and on her head persons of any rank”.
Jer. 50:41 “Behold a people shall come from the north, and a great nation, and many kings shall be stirred up from the farthest parts of the earth”.
Jer. 50:43 “The king of Babylon has heard their announcement and his hands [not loins as in Daniel] became feeble, anguish took hold of him”. See Daniel 5:6 & 4:19-27 for the future of Babylon.
Jer. 50:46 “At the sound of the capture of Babylon the earth shall tremble, and a cry is heard among the nations”.
Jer. 51:5 “For neither Judah nor Israel has been forsaken by his God, by the Lord of armies, though their land was filled with guilt against the Sacred Man of Israel”.
Jer 51:6 “Flee out of the midst of Babylon”
Jer.51:7 “Babylon was a golden cup in the hand of God, making all the Earth drunk.The nations have drunk of her fermented wine therefore the nations are insane”.
Jer. 51:8 “Suddenly [see Jer.51:63, Rev.9:14, Exodus 51:1] Babylon has fallen; [only one fallen here as opposed to two in Revelation] and it is broken” [see Daniel 6:24 & 11:45].
Jer. 51:11 “Sharpen the arrows, fill the shields, God has raised up the spirit of the kings of the Medes [descendents of Abraham] for His plan is against Babylon to destroy it”.
Jer. 51:12 “Prepare the ambushes……[Arabs, Strongs 694]
Jer.51:27 “Call the kingdoms of Ararat [Armenia], Minni [Armenia] and Ashkenaz” [descendent of Japheth – Japhethites went to their allotment northwards and settled in regions around the Black and Caspian seas and became progenitors of the caucasian races of Europe and Asia. Gog and Magog are descendents of Japheth].
Jer.51:28 “Consecrate against her nations with the kings of the Medes”.
Jer.51:32 “…….and that the passages are siezed. And they have burned the reeds with fire” [reeds = enclosed waters = Persian Gulf and Reed [Red] Sea]. The ambushers [Arabs] have trapped Babylons ships [confined in Oreb] at the passages. “And the men of war are terrified”.
Jer 51:34 “He has swallowed us like a jackal..” Strongs Hebrew concordance 8577 indicates that it is not a jackal but a large snake,which reminds me of the symbolic snake in the protocols of zion. “The dragon of the Greeks” says Pausanius, was only a large snake – “The Two Babylons” page 226.
Jer.51:64 “Then you shall say, “Thus Babylon shall sink and not rise from the catastrophe that I will bring upon her. And they shall be weary.” Thus are the words of Jeremiah.
Revelation 18:21-24. “Then a mighty angel took up a stone like a great millstone and threw it into the sea, saying, “Thus with violence the great city Babylon shall be thrown down, and shall not be found anymore…….23 ……For your merchants were the great men of the earth, for by your sorcery all the nations were deceived…..24 And in her was found the blood of prophets and saints, and of all who were slain on the earth.”
Pillars on St. John the Divine Cathedral [ Jeremiah 51:42-44 ]
http://vigilantcitizen.com/sinistersites/sinister-sites-st-john-the-divine-cathedral/
h ttp://outrasverdadesinconvenientes.blogspot.com.au/2012/02/ameaca-de-cumbre-vieja.html
New York home of the Jews United Nations = 666 in English gematria
h ttps://a.disquscdn.com/get?url=https%3A%2F%2Fmedia.gab.com%2Fcdn-cgi%2Fimage%2Fwidth%3D710%2Cquality%3D100%2Cfit%3Dscale-down%2Fsystem%2Fmedia_attachments%2Ffiles%2F164%2F273%2F871%2Foriginal%2F82ccf99ad8e794e0.png&key=Ibok4ZO811RpOTjuymncqQ&w=600&h=523
https://alor.org/Storage/Library/PDF/Amos%20DJ%20-%20Commonwealth%20Bank.pdf
Looking at the long term S&P 500 chart, we can see that the market suffered a nasty collapse in 2020, – the Covid era. At the same time, when looking at 2020 in the U.S. debt market, we can also see, that everyone [China especially] was selling their treasuries, which needless to say, caused a collapse in the U.S. stock market, – coincidence?
Because of its toxicity, no one wants to touch U.S. debt, so no buyers, and plenty of selling like no there’s no tomorrow, so the FED is now forced to secretly buy back its own debt to artificially ‘prop up’ the stock market. The FED’s buying it all, and they need trillions to do so.
This is what’s now going on, and especially, with the presidential selection.
This massive injection of liquidity is creating a ‘temporary’ stock market opportunity like no other, and those who play it will be well rewarded. But when the debt market starts to rise, – that’s the indicator to sell, sit back and watch the disaster unfold.
This is why people really do need to monitor the debt markets, as they are now largely dependent upon the purchases of the FED to keep their yields low. Its because of this present situation, why the stock markets are now entirely at the mercy of the FED, and when it decides its time to collapse the markets, all it needs do is stop buying its own debt, – then Boom!, – the whole system comes crashing down.
This is how dangerous it really is, but most are lost to what’s going on.
The obvious destructive consequence of this secret FED buying spree, means that it needs to print massive amounts of dollars to buy the debt, followed by more, and more, ad infinitum, just to keep the stock market propped up at current levels, – which also means a steadily growing currency debasement and inflation.
The FED had basically lowered interest rates without telling anyone. So they can now inform the plebs that they have not lowered interest rates and the people will rejoice and sing hallelujah. Not knowing that interest rates have already been lowered by the back door. This means more and more inflation for the non-asset owning consumers.
Your not supposed to know this, – but now you do, – courtesy of a very intelligent twice daily debt market reporter/blogger.
But very soon the FED will ‘officially announce’ that it will be cutting rates, basically, giving themselves the permission to buy more debt.
As already seen, the Australian debt market is identical, as they all work together, – so its a race to the bottom.
……..
PS. Today’s live pre-market report. – Today the debt market is in freefall [now 4.158] and banks are planning on pumping billions more into the debt market [don’t say you weren’t warned].
The lower the debt yield goes, as it is currently doing, the more precious metals will be on sale. This is a phenomenal chance of a lifetime opportunity for those who are prepared to act for the future benefit of themselves and their loved ones.
Where is all the Australian gold that was transferred from Australia to England?
All bloody CROOKS!
The value of our labour and the dollar are CRASHING big time!
INFLATION INCREASES IN “DOLLAR PRICE” SERVE TO MASK THE DISPROPORTIONATE DECREASE IN OUR WAGES AND THE VALUE OF THE DOLLAR.
Gold doesn’t necessarily rise in value just because its price rises. The longer term rise in the gold “price” mostly reflects the drop in the value of the dollar!
1 oz remains 1 oz, it’s the dollar and your labour that changes in value. Regular folk who used to earn $60 p.w. and pay 40 cents for a packet of fags some 50 years ago will tell you by how much.
On a regular wage of $60 you could purchase 150 packets of cigarettes. Today, it’ll set you back some $6000+ to purchase the same 150 packets.
How many regular Joe Blows earning $6000+ per week do you know today? There used to be quite a few in the old days. 🙂
The entire premise of the RBA is a lie, they cannot control inflation by making a few home-buyers live in tents, or their cars, because the inflation is already baked in when the RBA gives the government $200 billion each year in return for bonds ( promise of interest payments, indefinitely ie rolled over forever ). The government needs these bonds because it has already sold all the assets in previous administrations. The government then puts the tax up on petrol, beer etc and if asked will duplicitly claim this is non-inflationary. The entire inflation in fact comes from the petrol price going up, it is like a starter’s pistol going off, and the Saudis pull the trigger because they know the AUD does not buy so much gold as it used to. The government and RBA are constantly lying, one saying they are doing non-inflationary inflation and the other saying they are fighting inflation which they already baked in, several years ago. As long as they keep recklessly creating money for nonsense like 10 covid injections bought for every person in Australia ( by Grek Hunt ), then thrown out due to use-by date, or throwing it into nonsense like NDIS prostitutes and all their other programs with the kickbacks, as long as Canberra is the richest town in Australia, there will be inflation. In the olden days a place like Canberra would be put under siege and sacked, burned to the ground and the citizens all skewered, and everyone would be the better off for it.
But for we the docile sheeple in the present it gets steadily worse, the crooked RBA not only refuses to show audit findings of gold reserves in England ( poof – gone ), as mentioned in the story above, it also hides the dividends it supposedly pays to the government because I cannot find them on the RBA website or in the government budget papers. This rumour goes around that the RBA is owned by the Commonwealth of Australia but I expect the conspiracy theorists are right as usual that they are paid to the COMMONWEALTH OF AUSTRALIA INC registered in NY, as well as to private banks, leaving nothing to return to Australians, who shoulder the “debt”. Absolutely, it is all a big scam but it gets worse. The RBA not only scams us and lies to us as Philip Lowe did about 2024, resulting in people loading up on big mortgages then being crucified by his rate hikes, the RBA also runs “PayID” which is a partial precursor of some sort to CBDCs and it also runs the passports office, and answers to the BIS in Switzerland, the “BIS” system, pronounced like “beast”, just as the Germanic money used to be called, “marks”. It’s pretty easy to see where all this is heading if you have ever heard the phrase “You will own nothing and be happy”.
I didn’t think Australia had much gold reserve left compared to other Countries.
I think there was some list which showed Australia quite a way down the list.
I also thought that it was kept in the Phillipines.
At least that is what former World Bank Senior Counsel employee/lawyer of 20 years with WB/whistleblower Karen Hudes had said (RIP)
Something about the Global Debt Facility.
She had spoken of “Jesuit bankers hiding the world’s treasure in the Phillipines.”
She certainly didn’t hold back warning of the ‘treason’ we all now know about (barely).
She mentioned about Japan who had tried to break away from the banking cartel so got ‘that’ artificial wave off the Coast ‘punishment’…and that ‘fukishima’ fallout.
By the end of Karen’s life she looked like she had a bad case of Havana (EMF attack) syndrome.
Either way she claimed that the world’s wealth, over a million tons of gold, precious metals, artworks are owned by the global debt facility.
She was calling for a global currrency reset because she knew it was there.
She was calling for an actual gold currency “under a process called Aurum where you take this very thin layer of gold and you surround it with plastic, it handles just like a paper currency, but it’s actual gold”.
And she also had this to say about bitcoin;
“Bitcoin is a way of having a legal payment possibility. It’s a way of giving flexibility to people on how they’re going to make payments. In that sense, it’s very attractive. But I’ll tell you, as a currency should be two things. It should not only be a way of making a payment, but it should be something called a store of value, which is that it maintains its value. That’s where Bitcoin is, it’s not as secure as something else, like a precious metal. I would say that in the fact that it gives us flexibility it’s good, but it’s got certain drawbacks, as well. I know there are people that are very loyal to Bitcoin and whenever I say anything critical of it, I get a lot of email. But that’s just the way the cookie crumbles.
Bitcoin and the other cryptocurrencies.
Bitcoin is not the only cryptocurrency.
It’s not a store of value”.
Why Australia wants to hold onto the same old same old by the same old same old is why we seem to be rapidly left behind.
A Country run by boys (in clubs)
So while Bitcoin and Cryto are being promoted by Larry Fink and Trump…..where’s the gold?
The real wealth?
That’s what we should be asking.
Shouldn’t we?
The rising gold price confirms the devaluation of the currency, especially the latest spike (see chart). This is why it moves in the opposite direction to the debt market.
https://augniteprodstage.abcbullion.com.au/products-pricing/gold
As any serious gold investor will readily admit, – that the last thing you really want is a rising gold price!, – and for very good reason.
Sack and remove permanently every atom of every government body and bank and secret society, and put them all on a shark surrounded island with no food, and you will save Australia from being the NWO Communist Police State that is emerging very quickly.
Failure to follow this directive is your suicide.
167 tons of gold in AUD = 17,635,544,229
I attached a link re our gold but it did not appear… here is another one, this is dated 2011… the gold price quoted is quite a lot more now.. Peter Costello and the then Reserve Bank governor sold off 167 tons of our gold back in the 1990s.. ! Who knows if the 80 tons is still there, can you imagine how much 167 tons would be worth now?
https://www.abc.net.au/news/2010-03-05/worth-its-weight-in-gold/351864
Here’s the comparison Australian chart.
https://tradingeconomics.com/australia/government-bond-yield
Hmm? – looks like first post wasn’t accepted, – probably because of double link?
Will try with second link added in separate post.
………
Anyway, with what’s going on in the World, everything can be traced back to the FED’s policy of debt creation, as this buys everything – including governments.
As the debt market is responsible for driving the economy, namely, the international stock markets, etc, the debt market constitutes the foremost market indicator, as the stock market will not collapse whilst the debt market’s yields are dropping [as is currently going on], so one can safely remain long in the market until it turns.
As the 10 Year U.S. Treasury Yield (TNX) is the ‘benchmark for international money,’ this is the single most debt market in the World, that needs monitoring on a daily basis.
When the yield rises (sellers), the stock market will turn down and the economy will collapse, this is what people need to understand. So by monitoring the all important debt market, – the ‘driver of the economy,’ – one can easily read the economic news before it happens in the stock market, etc, and hopefully, avoid the associated future economic suffering.
This is the long term pattern (open all time chart) of U.S. 10 Year yield: – the ‘benchmark for international money.’ The big yield rise in 2020, reveals the large numbers of sellers, mainly China, BRICS, etc, who were dumping their U.S. dollars, having acknowledged its impeding collapse
The American 10 year (TNX) chart.
https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart
As the U.S. 10 Year yield is the benchmark for international money, this is why the Australian 10 market exhibits an identical pattern (open ‘All’ time chart).
[N.B. will add this link in next post].
As such, there is no real need in reading the Australian debt market, as its better to go direct to source: – the U.S. debt market. This is the driver of everything.
……..
But following China’s dumping of U.S. dollars, the debt market is now showing a return to lower yields, – indicating that some one is buying massive amounts of U.S. Government debt.
So who can that be?
Well of course, – its the FED.
This shows that the FED is creating and issuing billions of new currency, and secretly introducing it into the economy via the debt market, meaning, – they have essentially lowered interest rates behind closed doors [and whilst everyone’s been deliberately distracted by the presidential selection].
So without people realising what’s going on, the FED and its Government lap-dog have been devaluing the currency massively, and this is set to continue.
As the above charts show, this will be replicated in the Australian debt market. So do not be surprised when your currency devalues further: its already happened, – but hasn’t reached you yet.
As this hidden debt creation continues, more and more power is transferred to the FED, until very soon, having reached its eventual pinnacle of economic power, the FED will become the lender and buyer of last resort.
As the yield falls, as it currently is, – one is basically watching their ongoing impoverishment in real time, – but before it reaches it them! When it reaches them, usually via the stock market, pensions or savings, its already too late.
For the few which understand the supreme importance of the U.S. debt market, they should be able to navigate themselves out of the impending debt slavery.
This valuable educational video describes the Cantillion Effect in two minutes.
https://www.youtube.com/watch?v=HbTOQfJ3jQk&t=15s&pp=2AEPkAIB
The Cantillion Effect explains how the closer one is to the printing press, the wealthier one becomes, and the further away, – the poorer one becomes.
.With what’s going on in the World, everything can be traced back to the FED’s policy of debt creation, as this buys everything – including governments.
As the debt market is responsible for driving the economy, namely, the international stock markets, etc, the debt market constitutes the foremost market indicator, as the stock market will not collapse whilst the debt market’s yields are dropping [as is currently going on], so one can safely remain long in the market until it turns.
As the 10 Year U.S. Treasury Yield (TNX) is the ‘benchmark for international money,’ this is the single most debt market in the World, that needs monitoring on a daily basis.
When the yield rises (sellers), the stock market will turn down and the economy will collapse, this is what people need to understand. So by monitoring the all important debt market, – the ‘driver of the economy,’ – one can easily read the economic news before it happens in the stock market, etc, and hopefully, avoid the associated future economic suffering.
This is the long term pattern (open all time chart) of U.S. 10 Year yield: – the ‘benchmark for international money.’ The big yield rise in 2020, reveals the large numbers of sellers, mainly China, BRICS, etc, who were dumping their U.S. dollars, having acknowledged its impeding collapse
The American 10 year (TNX) chart.
https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart
As the U.S. 10 Year yield is the benchmark for international money, this is why the Australian 10 market exhibits an identical pattern (open ‘All’ time chart).
https://tradingeconomics.com/australia/government-bond-yield
As such, there is no real need in reading the Australian debt market, as its better to go direct to source: – the U.S. debt market. This is the driver of everything.
……..
But following China’s dumping of U.S. dollars, the debt market is now showing a return to lower yields, – indicating that some one is buying massive amounts of U.S. Government debt.
So who can that be?
Well of course, – its the FED.
This shows that the FED is creating and issuing billions of new currency, and secretly introducing it into the economy via the debt market, meaning, – they have essentially lowered interest rates behind closed doors [and whilst everyone’s been deliberately distracted by the presidential selection].
So without people realising what’s going on, the FED and its Government lap-dog have been devaluing the currency massively, and this is set to continue.
As the above charts show, this will be replicated in the Australian debt market. So do not be surprised when your currency devalues further: its already happened, – but hasn’t reached you yet.
As this hidden debt creation continues, more and more power is transferred to the FED, until very soon, having reached its eventual pinnacle of economic power, the FED will become the lender and buyer of last resort.
As the yield falls, as it currently is, – one is basically watching their ongoing impoverishment in real time, – but before it reaches it them! When it reaches them, usually via the stock market, pensions or savings, its already too late.
For the few which understand the supreme importance of the U.S. debt market, they should be able to navigate themselves out of the impending debt slavery.
crisscross767,
Your Quote: “Prior to 1694, it carried the death penalty. You know who forced King William of Orange to remove it.” Well explained… Thanks for your various comments Re: The Reserve bank…
Lament of the Commonwealth Bank
A hand-maiden, where once I ruled
A Queen from sea to sea!
No task too vile to set me to,
Who strove to make you free.
God! Did I once stand upright from
My frightful servitude,
And wear upon my beaten brow
The crown of nationhood?
As in a dream I see them pass,
My deeds of long ago,
My bright Homes, filled with happiness,
In peace and comfort glow.
My Credit flows in running streams
To help you in your need;
It saves you from the usurer’s grip,
And private banker’s greed.
When Ruin turns his grim face on
Your primal industries,
My Ships steam swift, and carry forth
Your produce overseas.
I turn my eyes from what I did
To what I had decreed—
A nation freed from want and debt,
Where no man dwelt in need.
“Come, grind this people to the dust!”
I bend in slavery;
But once I was a nation’s Queen
And—almost—made it free!
ALOR Social Credit Library
https://alor.org/Storage/navigation/Library1.htm
The Story of the Commonwealth Bank – ALOR
h ttps://alor.org/Storage/Library/PDF/Amos DJ – Commonwealth Bank.pdf
The Story of the Commonwealth Bank Let us consider the story of the Commonwealth Bank. It merits your attention, for if the Commonwealth Bank had been allowed to function as it did at the commencement of its career, Australia would have been helped over the years of depression as it was helped over the war period (1914-1918), many prosperous
ALOR – Science of the Social Credit Measured in Terms of Human Satisfaction
h ttps://alor.org/Storage/navigation/Library3.htm
The Commonwealth Stories 1: Faith Power and Action: Brief History: The New Times Archives: Social Credit Intro Lesson 1: The Commonwealth Stories 2: Our Policy: The Fig Tree Archives: Social Credit Intro Lesson 2: The Story of the Commonwealth Bank: The Grand Design: League Prayer: The Social Crediter Archives: Social Credit Intro Lesson 3 …
LEAGUE PUBLICATIONS: OUR POLICY On Target New Times Survey – alor.org
h ttps://alor.org/Storage/Library/PDF/Brochures2019/Brochure_Normal.pdf
New Times Survey: Monthly publication which assesses important events against the background role of debt- finance in human affairs, and the anti-Christian threat of the
of the Commonwealth Bank – ALOR
h ttps://alor.org/Storage/Library/PDF/Amos DJ – Commonwealth Bank.pdf
No. 1.—The Story of tile Commonwealth Bank. No. 2.—The Slory of the Commonwealth Fleet (of Steamers). No. —The Story of the Commonwealth Railway and the Note Issue. No. 4.—The Story of tile Commonwealth Woollen Mills. No. 5.—The Story of the Commonwealth Oil Refineries and the Search for Oil. No. G.—
The Commonwealth Bank of Australia : a brief history of its …
h ttps://www.awm.gov.au/collection/LIB13954
The Commonwealth Bank of Australia : a brief histo… The Commonwealth Bank of Australia : a brief history of its establishment, development and service to the people of Australia and the British Empire under Sir Denison Miller, K.C.M.G., Governor, June 1st, 1912 – June 6th, 1923 / by C.C. Faulkner with the collaboration of the Bank’s officers.
To my knowledge, all Reserve Banks are owned by the Rothschild family anyway.
Under section 44 of the Constitution those subject to foreign power are ineligible to sit in parliament.
“Any person who:
is under any acknowledgment of allegiance, obedience, or adherence to a foreign power, or is a subject or a citizen or entitled to the rights or privileges of a subject or a citizen of a foreign power; or
is attainted of treason, or has been convicted and is under sentence, or subject to be sentenced, for any offence punishable under the law of the Commonwealth or of a State by imprisonment for one year or longer; or
is an undischarged bankrupt or insolvent; or
holds any office of profit under the Crown, or any pension payable during the pleasure of the Crown out of any of the revenues of the Commonwealth: or
has any direct or indirect pecuniary interest in any agreement with the Public Service of the Commonwealth otherwise than as a member and in common with the other members of an incorporated company consisting of more than twenty-five persons;
shall be incapable of being chosen or of sitting as a senator or a member of the House of Representatives…………………….”
https://www.dfat.gov.au/international-relations/treaties
“The power to enter into treaties is an Executive power within section 61 of the Australian Constitution.”
Section 61 says nothing of the sort in my copy of the Constitution.
The RBA and the ATO are owned by the owners of the corporation called “The Commonwealth of Australia”, registered with the United States Securities and Exchange Commission
The Nation’s Credit: Senator Richard Darcey, 1941 ( ALP, Tasmania)
“…………………On one occasion I told honorable senators that the people who sent us here are under the impression that the 111 members of Parliament in Canberra comprise a national government engaged in the task of ruling Australia. I have told the people repeatedly that their assumption is entirely wrong and that Australia is governed by the associated banks.
Under the present system no government, can carry on its functions except by continuing the policy of borrowing. The only way to pay the ever-increasing interest bill is by borrowing still more. All money comes into existence through the banks in the form of a debt. That is why we are ealled upon to pay such tremendously high taxes to-day.
I have spent a considerable part of my life expounding my financial theories to the people, hoping that they will some day realize what a racket is being put over them under the present financial system, and that an obligation rests on the shoulders of every member of this Parliament to scrap it…………………”
“……..That is what I mean when I refer to corrupt governments. Any one who sacrifices the interests of the people for the benefit of profit-makers is a traitor. He is the fifth columnist of to-day-the enemy inside our gates.”
– – Senator Richard Darcey Hansard 12 November 1941
http://www.alor.org/Political Democracy/The Nation’s Credit Senator Richard Darcey.htm
Oh this is too much. It the job of the Reserve Bank Governor NOT to know anything about money creation (which is so simple a third grader can understand it. )
Thomas Eddison put it like this:
If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.”
The Reserve Bank is (of course) the USURER.
It is a PRIVATE interest that owns the Australian government. More succinctly, the RBofAus is the financial arm of an international state : the Judenstaat which owns the Australian gov’t as part of its corporate structure.
As a good goy, the governor’s job depends on his not knowing how money is created as an act of the sovereignty. Pass the cheetohs.
So what is wrong with charging and receiving interest ?
h ttps://www.larryhannigan.com.au/2024-07-27th-follow-the-money/
Interest is derived from money created out of nothing. Interest is paid by the borrower so anyone receiving it is sharing in the plunder and theft from the borrower. How may people are sitting in pews and living off interest today ?? Prior to 1694, it carried the death penalty. You know who forced King William of Orange to remove it. If ye have not seen this before ? ?
The Earth Plus 5%
https://www.larryhannigan.com.au/the-earth-plus-5/
Banks can’t be trusted & that is truly disgustapating.
we need to get country back, start all over again, get rid of corporate governments and all private entities sucking money from Australians.We should never allow private foreign entities to be in positionof holding our land and property titles, now all that is stolen and we WILL OWN NOTHING, AND NEVER BE HAPPY.These criminals should pay for their crimes, they committed TREASON
There are 2 distinct jurisdictions that do not intermingle.
The RBA is a private “bank” owned by oversea interests that was imposed on the Australian people to administer the bankruptcy that resulted from the financial emergencies of the late 1920’s and early 1930’s.
The RBA Act dates from the early 1950’s, and only pertains to the legal jurisdiction and legal tender.
The central Bank for the de jure Commonwealth was the Commonwealth Bank, being a parliamentary bank brought into existence (1912) to serve the people. ( read an ebook titled – “The Story of the Commonwealth Bank” ).
That still exists but cannot be seen from the legal jurisdiction.
The simple basis of the problem is that the people have been duped into abandoning their standing in the original jurisdiction which is the de jure Commonwealth and have elected by both positive and passive action to pretend that they are something created by the States acting in the legal jurisdiction.
Oh, and by the way, banks in all their forms do not lend other people’s or entities money – they deal in securities, the beneficial owners of which are the creators of those equitable instruments which have abandoned their property.
THE GOLD IS FOR THE WOKE LEFT TO SPEND WHEN THEY DECIDE TO RETIRE.
REMBER THESE WORDS FROM SCHWAB “YOU WILL OWN NOTHING BUT YOU WILL BE HAPPY” THE ONLY TRUTH IN THAT STAMENT IS YOU WILL OWN NOTHING.
WE HAVE THE SAME HAPPENING IN NZ FROM THE INSIDIOUS SO CALLED RIGHT POLITICIANS.
THE ONLY THING THAT COULD CHANGE WHAT’S GOING ON IN THE WORLD IS TRUMP BECOMING PRESIDENT.
2B3 Forever said – “For starters get our Gold out of the hands of the English.”
Too late, there’s nothing there.
Remember when the American pirates raided and emptied Libya’s ENTIRE gold reserve – many many TONS of gold – into military cargo planes and flew it all out of Libya, presumably back to the USA?
Why, folks? Because they HAVEN’T GOT any gold, they STOLE IT ALL AND SOLD IT ALL OFF YEARS AGO. Fort Knox has no gold, and there’s none in the City of London either.
So good luck getting Australia’s gold back. Pity we keep digging the stuff up here in Australia – THOUSANDS OF TONS of it – and shipping it all overseas, just like all the BILLIONS being sent over to the psychotic Ukrainian regime, while the Australian people live in their cars and in tents under bridges.
For starters get our Gold out of the hands of the English. What’s going to become of our + 20 tonnes of Gold, is it even there anymore? It took the LBMA four + years to return Argentina’s Gold. Ruddy ridiculous that our reserves are being held by a foreign entity.
The Reserve Bank of Australia, is another Central Bank in the Rothschilds Stable i.e. Federal Reserve Bank of USA, Bank of England, etc,etc,etc, look it up…. the Rothschild also control Blackrock, Vanguard, State Street, JP Morgan, Morgan Chase , Goldman Sachs,etc,etc,etc, look under any financial rock and you find the tentacles of the Rothschilds. Look it up.
The RBA is a foreign company. If the government is serious about easing cost of living how about reducing the fuel tax or removing it altogether. The flow on effect would be huge.
Using Foreigners means more betrayal to the Australian people.
Is he part of the Globalist Heretic Jewish org: that want to enslave humanity.
The World has a devil roaming around in it and guess who is doing his bidding ?
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