Jump to content

Recommended Posts

Posted

To all Australians

 

I have begun a community based campaign against Australias Central Bank, the Reserve Bank. I have provided a link to this petition below, please consider signing this petition for the good of all Australians. The fight against Central Banks is a global fight and Im asking you as an Australian to step up to the plate and make your voice count.

 

Iceland kicked out its Central Bank and arrested its bankers and corrupt politicians in 2011, now it has a very strong economy and still growing, we need to do the same.

 

http://www.communityrun.org/petitions/get-rid-of-the-reserve-bank-and-have-the-printing-of-money-back-into-government-control

 

Kind Regards

 

Manuel

Posted

Why should governments control currency instead of leaving it to the market?

If the government is a democracy, then technically, the people do control the currency, and unifying people of a country under one currency eliminates the problem of having to invest in a bunch of different currencies to do business with a bunch of different entities.

 

Entities like the Federal Reserve (and I am guessing the Australian Reserve) are private entities, neither government nor people, thus turning money into a mechanic of slavery. Governments are also subject to corruption, so money in the hands of government can be problematic as well.

Posted

Hi Guys

 

Thanks for the input, apparantly we cannot Audit the Reserve Bank, but we can Audit a Government Department.

 

Cheers

Posted

If the government is a democracy, then technically, the people do control the currency, and unifying people of a country under one currency eliminates the problem of having to invest in a bunch of different currencies to do business with a bunch of different entities.

 

Entities like the Federal Reserve (and I am guessing the Australian Reserve) are private entities, neither government nor people, thus turning money into a mechanic of slavery. Governments are also subject to corruption, so money in the hands of government can be problematic as well.

Relatively free and private banking worked fine for centuries.

 

Purely state run banking systems like in the USSR and China are a mess and corrupt as well. Really no different from cartelized banking as per the Western democracies/

Still, with the likes of Bitcoin, I don't think banks need to be a part of the basic payment system anymore. They could evolve to a more speculative function.

  • Upvote 1
Posted

Yes it worked fine for centuries while money was being backed by gold or silver, but since computers, money is not backed by anything, this world is run by debt, this cannot continue, look at the economy of Europe, USA, the world is about to go through an economic collapse thanks to the central Banks.People must put a stop to this, get rid of central banking.

 

Cheers

Posted
 

Relatively free and private banking worked fine for centuries.

Purely state run banking systems like in the USSR and China are a mess and corrupt as well. Really no different from cartelized banking as per the Western democracies/


Still, with the likes of Bitcoin, I don't think banks need to be a part of the basic payment system anymore. They could evolve to a more speculative function.

I have read such things, and while I could see that working, what money has become now is a concentrated monstrosity. Even if we went back to sound banking practices, what would be there to prevent it from developing back into another Fed?

 

I am also a fan of at least the CONCEPT of bitcoin. I liked Ben Franklin's idea of "colonial scrip". The only real answer IMO is for people to be making their own money supplies for themselves. Though that would take socialized education of it.

 

Yes it worked fine for centuries while money was being backed by gold or silver, but since computers, money is not backed by anything, this world is run by debt, this cannot continue, look at the economy of Europe, USA, the world is about to go through an economic collapse thanks to the central Banks.People must put a stop to this, get rid of central banking.

 

Cheers

Fiat currency is backed by something though, its backed by the slave work of the people the currency represents :P

  • 3 weeks later...
Posted

 

 

I have read such things, and while I could see that working, what money has become now is a concentrated monstrosity. Even if we went back to sound banking practices, what would be there to prevent it from developing back into another Fed?

 

I am also a fan of at least the CONCEPT of bitcoin. I liked Ben Franklin's idea of "colonial scrip". The only real answer IMO is for people to be making their own money supplies for themselves. Though that would take socialized education of it.

 

Fiat currency is backed by something though, its backed by the slave work of the people the currency represents :P

 

Very true.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.