So a little bit of history. Australia has the love of property and the rising interest rates which is been about 2% is significant and will probably tank the economy if the reserve bank keeps going. most people in Australia are very convinced that the reserve bank is doing this deliberately so The review was called for and most people are watching it with intensity as they will probably lose their house and everything they own so there is a big push to have this reviewed properly.
It’s also worth noting that in Australia those who are poor will actually be more will be better off than those who are rich. The reason for this is when the interest rate rises all of the money that the rich people would’ve spent has to go on their mortgages so rather than spend it on their mortgages people are pissed off poor people are gonna be no worse or no better off I can’t put rent suck any further and they can’t reduce waste choose any further so they’re not gonna be affected.
So yeah it’s not really impartial but it’s way better than it could be. the TOR (terms of reference) and those in it are very one sided…. However the media in Aus is covering it well google is hiding it so we see…
Also worth noting Australia is the testbed for a lot of deep state and non-deep state adgendas
but it really smells like business as usual for the overall Plan.
Morrison/Liberal manufactured the high govt debt situation, and now that we have a new party in charge, it makes for a convenient deflection of blame & responsibility away. Probably that was Morrison's main role as PM; to create this situation
the audit if be a nothing burger or it may really cause a crackdown in the RBA
if it does though, i have this uneasy feeling that the digital id system is just going to be fasttracked here: digital id is clearly setup and ready to go, Australia has very much integrated a lot of Ripple/XRP tech into the finance infrastructure over the past few years at least. That Gideon/CSRQ-SM "leak" thing -- if real -- ... the timing of that and the comments made by those whitehats regarding the rollout period falls in line with all of it. i.e. on the chance the audit creates the circumstance where our govt decides the current bond market, and by extension financial system network could be more simplified... digital id / cbdc could happen much sooner than expected
Supposedly a leak (with screenshots) of the cbdc/digital-social credit system that's been predicted for years.
Common Sovereign Restricted Quarantined - Social Management
Of course it could all be one big fat lie as well just to fearporn us. but the timing of things lining up with the Agenda goals is what makes me consider it a possibility
Smells fishy to me. Especially the response to adding a back door/virus, sounds more like someone’s Hollywood interpretation of how that works.
I’m also not convinced by the argument that they’d just seize everything and assume things like gold, silver and crypto (Bitcoin/privacy coins) would just stop.
Surely this approach would backfire an lead to a freer and better black market of people who have now been forced to commit to the parallel economy
In fact the whole “plan” sounds like a great recipe for the people turning against the privileged elites. It even mentions how “it’ll be easier to manage because of the vaccines reducing the population”… so their plan is to kill off their compliant followers leaving them with a higher percentage of people who are (1) awake and aware (2) already hate them (3) make it easier to find friendly (4) give them a catalyst to get involved
With all that said.
I do definitely think there’s a lot of bad actors/corrupted people out there that will want to usher in a system like that so it’s worth keeping an eye on.
A little white pill: contrary to popular belief there’s a strong libertarian movement in the crypto space. I know the general consensus/concern is that digital currencies are all designed to entrap us however there’s another side that’s working to make it so that there isn’t a central control mechanism and there’s privacy and it’s free from censorship and control.
I believe it’s likely we’ll see two warring parallel economies/societies. One centralised and powered by social credit and one decentralised, peer-to-peer, focused on privacy and free from control
Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people
The bump in interest rates today to deter inflation is just going to hit Aussie wallets harder as their mortgage payments rise and increase their financial stress.
Three rate rises in quick succession, which is what they are flagging, is just going to turn more people against the Reserve bank .. we may have our own Aussie Awakening coming up.
Noticed the media tonight followed the guy in charge of the RBA was saying to the missus that guys not very popular.
They won't be able to walk down the street Moment coming?
No one is honestly auditing any federal reserve without an army. By virtue of controlling the money supply, they possess unlimited mechanisms to thwart any attempt at mounting a real audit on them and only allow ones that give the perception something was done when nothing was.
Will it be a real audit? The government isn't very good at investigating itself.
Govt. investigating a govt. organization?
<gasp>
How dare you assume we won't be impartial?
/s
That’s right
u/#howdareyou
So a little bit of history. Australia has the love of property and the rising interest rates which is been about 2% is significant and will probably tank the economy if the reserve bank keeps going. most people in Australia are very convinced that the reserve bank is doing this deliberately so The review was called for and most people are watching it with intensity as they will probably lose their house and everything they own so there is a big push to have this reviewed properly.
It’s also worth noting that in Australia those who are poor will actually be more will be better off than those who are rich. The reason for this is when the interest rate rises all of the money that the rich people would’ve spent has to go on their mortgages so rather than spend it on their mortgages people are pissed off poor people are gonna be no worse or no better off I can’t put rent suck any further and they can’t reduce waste choose any further so they’re not gonna be affected.
So yeah it’s not really impartial but it’s way better than it could be. the TOR (terms of reference) and those in it are very one sided…. However the media in Aus is covering it well google is hiding it so we see…
Also worth noting Australia is the testbed for a lot of deep state and non-deep state adgendas
Technically it’s not. Central banks are privately owned.
That's a valid point, but the concern is the same.
God is GREAT. Let it rip.
Totally agree!!!
They're trying to get ahead of the narrative.
It says they did an audit in 1990 so it’s really just investigating themselves again.
I'm mixed on this one.
Sure it puts the spotlight on our central bank
but it really smells like business as usual for the overall Plan.
Morrison/Liberal manufactured the high govt debt situation, and now that we have a new party in charge, it makes for a convenient deflection of blame & responsibility away. Probably that was Morrison's main role as PM; to create this situation
the audit if be a nothing burger or it may really cause a crackdown in the RBA
if it does though, i have this uneasy feeling that the digital id system is just going to be fasttracked here: digital id is clearly setup and ready to go, Australia has very much integrated a lot of Ripple/XRP tech into the finance infrastructure over the past few years at least. That Gideon/CSRQ-SM "leak" thing -- if real -- ... the timing of that and the comments made by those whitehats regarding the rollout period falls in line with all of it. i.e. on the chance the audit creates the circumstance where our govt decides the current bond market, and by extension financial system network could be more simplified... digital id / cbdc could happen much sooner than expected
that is my theoretical concern
I’m not familiar with this? Can you elaborate
Supposedly a leak (with screenshots) of the cbdc/digital-social credit system that's been predicted for years.
Common Sovereign Restricted Quarantined - Social Management
Of course it could all be one big fat lie as well just to fearporn us. but the timing of things lining up with the Agenda goals is what makes me consider it a possibility
Did some research
Smells fishy to me. Especially the response to adding a back door/virus, sounds more like someone’s Hollywood interpretation of how that works.
I’m also not convinced by the argument that they’d just seize everything and assume things like gold, silver and crypto (Bitcoin/privacy coins) would just stop.
Surely this approach would backfire an lead to a freer and better black market of people who have now been forced to commit to the parallel economy
In fact the whole “plan” sounds like a great recipe for the people turning against the privileged elites. It even mentions how “it’ll be easier to manage because of the vaccines reducing the population”… so their plan is to kill off their compliant followers leaving them with a higher percentage of people who are (1) awake and aware (2) already hate them (3) make it easier to find friendly (4) give them a catalyst to get involved
With all that said.
I do definitely think there’s a lot of bad actors/corrupted people out there that will want to usher in a system like that so it’s worth keeping an eye on.
A little white pill: contrary to popular belief there’s a strong libertarian movement in the crypto space. I know the general consensus/concern is that digital currencies are all designed to entrap us however there’s another side that’s working to make it so that there isn’t a central control mechanism and there’s privacy and it’s free from censorship and control.
I believe it’s likely we’ll see two warring parallel economies/societies. One centralised and powered by social credit and one decentralised, peer-to-peer, focused on privacy and free from control
Yeah that's why to me it's still a theoretical concern until/if we ever get more info on the matter. some elements fall nicely into place & timing is good. some elements no.
still the fact of the matter is that here digital id is ready to go. official gov website is up. and as a registered "business owner" i've been encouraged to apply for a director id via mygov id this year (which thankfully i was able to avoid and do over the phone), among other things like Australia Post pushing their digital ID service.
adding the digital currency component could come after & not in tandem with ID. just that the timing of this RBA investigation made it seem suspicious to me upon seeing this forum post at first
You are 100% correct I’m afraid
There is and will continue to be a big push to get everything digitised
Which is conflicting for me because on the surface level there are benefits BUT it’s naïve to not note the serious and significant risks associated.
I have seen quite elaborate discussions on how to digitise things AND try to protect peoples privacy but I fear that without essentially breaking up the ‘monopoly of government’ it will always and eventually used for removing freedom. I think - at best- it’s an arms race between libertarians who are building with freedom/privacy in mind and those who want to shackle the people
I don’t doubt it’s legit. It’s 100% something they’d do
Is this the same as election "audits"?
The bump in interest rates today to deter inflation is just going to hit Aussie wallets harder as their mortgage payments rise and increase their financial stress.
Three rate rises in quick succession, which is what they are flagging, is just going to turn more people against the Reserve bank .. we may have our own Aussie Awakening coming up.
Noticed the media tonight followed the guy in charge of the RBA was saying to the missus that guys not very popular. They won't be able to walk down the street Moment coming?
We can only hope.
Nothing burger, commie government will conclude everything is a-okay.
Yeah...Right. And announced by ABC news. Gotcha
No one is honestly auditing any federal reserve without an army. By virtue of controlling the money supply, they possess unlimited mechanisms to thwart any attempt at mounting a real audit on them and only allow ones that give the perception something was done when nothing was.
Now do the U.S. Fed
What government? Tje one that takes the money from the bank? Yeah, right.
The English already did .. look up Maralinga.