Australian Reserve Bank Declares It’s BUST! Hoorah! Goodbye Satan.
After years of printing worthless, toilet paper Fiat currency the illusion is finally over. The entire private western central banking system has once again reached the end of another 40-50 year…
Explains the downward trajectory of Aussie dollar this weekend.
BTW, this is the fate of all western central banks - ECB and Japan specifically. All these puppets have been propping up US treasuries by sacrificing their own people, and ... while we know USD is gonna die soon .... all these currencies will die first. There will be that glorious mirage when 1 USD will be 1 million (or billion?) Euros/Aud etc. Just before it hits the mud as well.
Fun fun times.
Agreed. That is for sure -- The USD is going to die. I've followed Ron Paul on his analysis of this since the 1980s. Albeit he has long forecast the end of Fed and its fiat currency from at least the 1990s, there's no question we are now approaching that collapse. To see how this plays out, recall the Mexican peso collapse in 1994. In my possession, I had hundreds of dollars in pesos from the many times I went to Mexico. All this Mexican money I had sat in a travel box. One day my son pulled the box out of storage and counted all the Mexican money I had. He suggested I should convert that money to USD. When I called to to do this, I found out all of it was worthless. Just like that. Hundreds of dollars of Mexican money was Puffff. Worthless.
This is what people holding paper denominations will see. History teaches us all paper denominations end up worthless.
Ron Paul was the earlier vibration of Donald Trump. I remember attending a huge street rally to welcome Dr. Paul as he arrived at one of the presidential debates. Thousands of people on one side of the road would shout "President!" and thousands on the other side of the road would shout "Paul!" Good times.
What I don’t understand is why the USD is so strong compared to foreign currency right now. Sri Lanka literally had it’s economy collapse because it couldn’t afford gas on the us petrodollar. The POUND is .92 to every USD. That’s crazy!
Flight to safety.
All stock markets, worldwide, are bearish (Brazil holding up better than most).
Real estate has entered a bear market (sellers lowering prices, and still not selling).
Precious metals (manipulated, but still ...) are bearish (silver holding up better than gold).
Bond market is bearish (interest rates are at 10-year highs, which is killing the real estate market).
With nowhere else to go, money is flowing into the relative safety (perceived) of the US Dollar.
Interestingly, the only currency in the world that is showing some strength versus the US Dollar is the Russian Ruble.
The mega conglomerates like Blackrock are unfortunately able to afford all the housing they want.
Blackrock is going to be a bag holder. They purchased real estate at high premium. Nobody can pay their high rental fees. Hahaha to blackrock!
And if Blackrock, or the owners of Blackrock are implicated in the theft of the 2020 elections, then that might possibly be all confiscated and given back to the people.
🍿
Their plan was a Great Reset so no more.
Strong is relative.
The other currencies are destroyed to keep the USD alive.
The USD is the reserve currency. This means the USD is like the "root" of the money tree. Just like a tree, it is the leaves and outer branches that die first. These are 3rd world nations that are affected first. As it gets worse more and more members of the federal reserve system are affected and it works its way back to the reserve currency.
US Dollar is perceived as the world's reserve currency due to the strength and power of the US military. Period.
It is the "Petrodollar" agreement that Nixon put into place when he destroyed the gold-backed US Dollar (which had been the world's reserve currency due to the Bretton Woods agreement in 1945, post-WWII).
Keep an eye on the Russian Ruble (relative value to the US Dollar -- or RUB/USD currency pair). The Ruble crashed in February 2022 on the invasion of Ukraine, bottomed on March 7, 2022, and has been rising versus the USD ever since.
Currently, it is the only currency in the world showing strength against the USD. When (not if, but when) the USD starts to tank, something else will rise in its place.
Will it be the Ruble?
Now that I think about it some more ...
Is it possible that the US government will try to impose a block against Americans investing in Russian assets, including the Ruble, even if it strengthens against a declining US Dollar?
Just a thought.
The Ruble is backed by a little gold now I believe ?
Quite right. I presume you already know the Russia is no longer part of the fractional reserve banking system (FRBS). There's two governments in the world not part of the FRBS, Can you name the other country?
North korea?
Good guess, but it's Syria. Now, you know why there is war with these governments. BRICS appears to be an indicator as to what countries are deemed 'bad'. So far it is only Russia that has made the move in ending their Rothschild central bank. I believe this other countries are waiting for the moment to do the same.
Exactly right ! America was the leader , the beacon of hope . As America thrived so did the free nations of the world . Biden and Obama have shitted it up
Biden is Obama's third term. Biden is doing what the Obama cabinet people tell him to.
Dollar milkshake theory.
When Brent is speaking? I pay close attention. The guy called it years ago
The EUR went down 4 cents on friday without any news coming out.
6 months ago it was 1,20 now it's 0,975.
I profited from it, but soon we eurofags will be millionaires anyway.
m̶i̶l̶l̶i̶o̶n̶a̶i̶r̶e̶s̶ trillionaires
when these banks go bust, its important for us to harp on
USURY USURY USURY
and make sure the people who were engaged in USURY before, are not allowed to start a new scheme.
Interest itself is usury. Creates money from nothing. Inflation.
for a while, i was obsessed with studying math, and number theory,
and i even wrote spreadsheet programs to study the fine details of the mathematics of growth.
and the one thing that eventually became clear to me, was that ANY "interest rate" above 0% would eventually "go asymptote", over the long term.
https://en.wikipedia.org/wiki/Asymptote
this is why, "the rich get richer, and the poor get poorer"
these USURY schemes take time to play out, but they ALWAYS go asymptote, shoot for the moon,
and then crash and burn.
And when they crash and burn, all of "the little people" (poor people) gather together,
And they have torches and pitchforks, and kitchen knives,
And they revolt.
And they walk over to where "the rich people" live,
and things get ugly.
This has happened hundreds of times throughout history,
And for some reasons, which we don't fully understand,
Whenever this happens, they call it a "pogrom",
And its considered "anti-semitic hate"
To prevent pogroms, they long ago instituted the concept of JUBILEE.
If people do not learn history, they are bound to repeat its mistakes,
So of course, they cancelled JUBILEE, many years ago,
And the wealth has been transferred or redistributed from the LABOR CLASS, to the USURY CLASS.
We need some sort of credit / money system that specifies that the interest rate shall never be above 0%
Because right now, the Federal Reserve is jacking up USURY RATES, and will likely continue to jack USURY RATES from now until the end of time.
This is a must watch for anyone who wants to understand how usury has been the key to the cabal's power from the beginning: https://odysee.com/@KnowledgeBase:e/Bill-Still-The-Money-Masters-Full-Documentary-1996:7
God called for a Jubilee every 50th year, which was essentially a reset where all farm land would revert to it's original owner clans. One reason was probably to prevent thr build up of the kinds of problems we experience now.
How about a Jewbilee ? 🤣🤣
Isn't an interest rate as we know more than 0%? It's kind of like a promissory note to pay back X amount of money over time with Y interest rate, as a fee for the service of borrowing money.
Yes.
Usury can also be defined as “the charging of money, for the use of money”
So, like ATM fees are USURY,
Because they charge you money, to use your money.
But interest,
And especially compound interest,
Is always unsustainable over the long run.
Lets say two people are on a desert island,
And they each have $1 x 10
Lets say each day, they can trade their dollar bills for whatever they want.
Lets say person A fanagales a deal, where they “own” the island,
and the other person B has to pay a $1/month “tax” for the priviledge of living on his land.
How many months can this system go on, before person A has all of the money, and person B is broke.
This is a closed loop system.
Now use that model, and apply it to millions of borrowers.
The banks loan out $100, and expect $106 in return.
Where does the extra $6 come from?
It doesnt exist, within the context of your loan,
So you have to HUSTLE,
meaning you have to HUSTLE SOMEONE ELSE OUT OF $6,
There are a limited supply of $1 bills created, and therefore everyone must HUSTLE to get their $6,
Or else the bank takes the car
Or the house
Or whatever.
So they have to “spend” enogh dollars into circulation, to match the demand for dollars.
Things like government spending.
Build a road, spend millions of $1… money in the economy.
Stop building roads, millions of $1 disappear from circulation.
The problem is, the government spending gets more and more absurd,
Where we are sending $BILLIONS to Ukraine
Waste Fraud Abuse
Doesnt matter HOW the dollars are spent into circularion, so long as they are spent.
Too many dollars in the economy?
Just raise gas prices for a few months, and drain everyones savings account.
Now everyone is back to hustling for dollars.
The problem with your analogy is that even if there were a fixed amount of currency, there is never a fixed amount of wealth.
Some people are more productive than other people. Most people are productive to some degree, and their productivity creates ever more wealth.
One of the individuals on your desert island might be more productive at acquiring things that others would like to have: fish, coconuts, wild boar, palm leaves, whatever.
When that happens, a fixed rate of "money" (or "currency" which is what you are talking about) can be sliced up into more bits. My 10 fish that I used to sell for $1 can now sell for 50 cents because I was so productive with my new technique in fishing that I caught more than I expected. Therefore, the value of each fish is less due to an over supply, and that over supply is due to increased productivity.
This increased productivity drives prices down, and increases the value of each dollar, relative to the wealth. So there is no reason to "print more money" -- unless you want to steal the wealth of others -- since total wealth is always increasing, due to productivity always expanding.
The BIG problem that most modern day "economists" have is they do not understand that human productivity is the main driver of a prosperous society.
It is NOT consumption. It is productivity. This is WHY an economy gets destroyed by any form of socialism. Socialism/communism (same thing, ultimately) destroys economies because it disincentivizes productivity, and productivity generates wealth. A lack of productivity reduces wealth.
Money is just a scorecard. It is not the essence of wealth itself.
Central banking and centrally-planned government destroy wealth to benefit the insiders, but they produce nothing of value for society as a whole. They are merely parasites.
It's sad how many people don't understand this basic concept, BNU.
This is the best, first step forward. Never let them build it back up.
Who do we know that loves usury..................... ?
The IRS, what money they keep from taxes, but owe back at the end of the year, they never pay any interest on it. But, owe them any money and not pay it back on time, you better believe it will be paid with interest!~
and penalties
The solution would be something like loans that have a fixed cost at the start... like if you want a car loan, rather than an interest rate per month a 30k loan with a 5 year payback time might cost 40k to the borrower.
The solution is interest free loans. Loan 30k, get back 30k. Easy.
... and ... NOBODY will ever loan anybody any money.
Interest is a fee for the RISK of loaning the money and possibly never getting it back.
It is legit.
What is NOT legit is a MONOPOLY on creating money from nothing, and a government that can spend any amount for anything.
there is no risk for the central bank. they create loan money out of thin air and write off bad debt.
Then there's no motivation to risk the money. Think about it, are you going to lend someone money if, in the best case, you get it or less back?
That's why there would need to be a cost for the service of providing the loan.
The most interesting comment to me was the one about them not being able to get up a major war to cover the failing system. It seems they have always done that to hide the cracks and inject the system with war bucks to keep it going.
They've been trying to goad Russia into war for years, painting them as our great enemy, but Putin knows the truth, and he isn't biting. That is obvious from his speeches and his actions, and it is the reason they tried to kill him, like they tried to kill Trump. Too much is out of their control, and it's going to go very differently this time.
Satan's debt empire is falling, and it will not recover. The Rothschild system of nation control is coming to an end because it is time for it to come to an end.
Certain Aussies have been saying get cash, too many think were nuts. Warned a few Friends, one said today her local atms were empty, supermarkets wouldn't allow cash out with purchase. She ended up getting some in the self serve counter
Yes, lots of banks cutting services ,closing down many branches ATM,s etc but one of our big banks ANZ is shutting down completely from sept 30 to oct 5. As for the "reserve" bank, they are of course backed by our govt! Thank GOD they are all going down soon.
Remember ALL paper denominations end up worthless. Paper denominations are a receipt for something of value. What is that 'something' of value? How is money created?
Think of paper denominations as a receipt for digital currency. What is digital currency?
Paper denominations + digital currency = vapor ware.
Follow the yellow brick road...
You may know this but adding a little color here:
The yellow brick road (Gold only standard) leads to the green castle (Fiat) with the supposed wizard man pulling levers behind a curtain (central bankers).
The bi-metallic standard enshrined in the constitution allows the metals to inflate and deflate against each other, and replace bank reserves vs federal reserve notes which is why they fought so hard to demonetize silver in the 1800s and got big mad when JFK did it in the 60s
I don't think lugging around precious metals is in the cards, but some combo of a blockchain/paper representation of provable/verifiable/auditable backing by gold/silver/and other commodities potentially, will be what comes after the fed now CBDC fails
I was aware of most if that, but you wrote that well!
But when moon?
Source: The Guardian
Just first domino. Everywhere we will see this soon.
Well, that happened on September 22, 2022. I forget where I was. hmmm?
The article NOT only talked about the RBA BUT the Swiss Central back also...WOWZA...Marking ASSETS "MARK TO MARKET"....the BOYZ be SQUEEZED and some are going to say OUCH!!!!!!!
Apologize for the analogy but it is funny as HELL and I am having an afternoon WINE FEST and the wine is VERY GOOD...
TO ALL who drink wine...RAISE Your glass to the "GREATEST SHOW ON EARTH" coming to a Theatre near you...
Also, In a couple of days we will KNOW the results of the 4 Regions of the Ukraine that voted...WOWZA...
Keep your heads on a swivel AND eyes forward BECAUSE what is in the rear...it'd be smoke AND where's there's smoke there is fire!!!!!!!
fly roths fly
So I just found this out! Wilbur Ross used to work for Rothschild Bank and when he did, they bailed Trump out of his casino bankruptcy. Do you think Trump is gonna finally put the hammer down on Wilbur? Is Wilbur the key to the reset?