Conspiracy theories

[cochise]

I use money to buy PIES...has not let me down yet..

Four'n Twenty or Garlo's?

Federation Pies from Tenterfield.

The baker at my favourite pie shop passed away just before christmas, genuinely a great guy and it is a loss to his community. He also made the best pies I have ever tasted.

There’s a pie shop on the road between Kangaroo Valley and Moss Vale , not in Kangaroo Valley , about 5 km west. That’s the best pie I’ve had in a long time .

I'm probably a little biased in my preference as my favourite pies are from my hometown and he supplied my school and the local sporting clubs so it really has that nostalgia of finishing footy and having a pie and coke everytime I have one.

 

[Geo]

See.....

 

[cochise]

See.....

I think that is the real conspiracy we should be discussing lol, oh that's right we are!

 

[earl]

What a stupid thread. Who started this.

I good idea would though to put all the crazy theories into here rather than into the other threads.

 

[Pbulk]

I use money to buy PIES...has not let me down yet..

Four'n Twenty or Garlo's?

Federation Pies from Tenterfield.

The baker at my favourite pie shop passed away just before christmas, genuinely a great guy and it is a loss to his community. He also made the best pies I have ever tasted.

There’s a pie shop on the road between Kangaroo Valley and Moss Vale , not in Kangaroo Valley , about 5 km west. That’s the best pie I’ve had in a long time .

Everything I see that sign, I remember to keep driving to literally any other pie shop on earth because they are the worst pies I've ever had. I'm sure peoples tastes differ and what someone thinks is bad is good and vice versa, but they did nothing good in that pie.

 

[BAGNF05]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

I’d suggest reading a textbook on macroeconomics

 

[Deleted member 3518]

I use money to buy PIES...has not let me down yet..

Four'n Twenty or Garlo's?

Federation Pies from Tenterfield.

The baker at my favourite pie shop passed away just before christmas, genuinely a great guy and it is a loss to his community. He also made the best pies I have ever tasted.

There’s a pie shop on the road between Kangaroo Valley and Moss Vale , not in Kangaroo Valley , about 5 km west. That’s the best pie I’ve had in a long time .

I'm probably a little biased in my preference as my favourite pies are from my hometown and he supplied my school and the local sporting clubs so it really has that nostalgia of finishing footy and having a pie and coke everytime I have one.

The one pie I think is overrated is Robbo pies . I don’t see what the fuss is about .

 

[Geo]

I use money to buy PIES...has not let me down yet..

Four'n Twenty or Garlo's?

Federation Pies from Tenterfield.

The baker at my favourite pie shop passed away just before christmas, genuinely a great guy and it is a loss to his community. He also made the best pies I have ever tasted.

There’s a pie shop on the road between Kangaroo Valley and Moss Vale , not in Kangaroo Valley , about 5 km west. That’s the best pie I’ve had in a long time .

I'm probably a little biased in my preference as my favourite pies are from my hometown and he supplied my school and the local sporting clubs so it really has that nostalgia of finishing footy and having a pie and coke everytime I have one.

The one pie I think is overrated is Robbo pies . I don’t see what the fuss is about .

Freddo's also...

 

[DGilly]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

I’d suggest reading a textbook on macroeconomics

I mean I have a degree in economics but okay sure bud. In fact one of my tutors worked at the treasury and can confirm that this is definitely how it works

 

[Goldust]

Aliens are real
Paw paw ointment is just Vaseline
Your vote means nothing
9/11 was a work
Your phone is listening
Princess Diana,Epstein both killed
Courtney Love killed Kurt

Not a conspiracy,but.... two years ago when we lost that game against the Broncs in Golden Point,by a ridiculous penalty.earlier in that game
We were ahed in the penalty count,the Broncs started to get a few penalties and I heard the ref say ‘ok the count is even now’ 😂

 

[Rugba]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

This is one of the worst takes I’ve ever seen. Aus government borrows from a variety of sources and of course they pay interest. Printing money has zero to do with it when they get the money, nobody prints it and hands it to them and when they pay it back nobody prints it and walks in to pay it back

They are simply borrowing money like everyone else and paying interest. The capacity to pay it back has zero to do with printing money. The predominant means of income the Government has is taxation and if the govt operates at a surplus (budget) then they can pay back debt.

Hahaha nope. Where does all the world's currency come from? Their country's central bank.
Who prints the money? - The central banks
I'm not talking at all about borrowing money from overseas, I'm talking about the system that is fractional reserve banking, which almost every country in the world is victim to.
The central bank supplies the country with money they use and the govt has to pay interest on it - they are not a part of the governing body.
You're completely off the mark

You do realise that we are not America and the reserve bank is 100% state owned .

 

[DGilly]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

This is one of the worst takes I’ve ever seen. Aus government borrows from a variety of sources and of course they pay interest. Printing money has zero to do with it when they get the money, nobody prints it and hands it to them and when they pay it back nobody prints it and walks in to pay it back

They are simply borrowing money like everyone else and paying interest. The capacity to pay it back has zero to do with printing money. The predominant means of income the Government has is taxation and if the govt operates at a surplus (budget) then they can pay back debt.

Hahaha nope. Where does all the world's currency come from? Their country's central bank.
Who prints the money? - The central banks
I'm not talking at all about borrowing money from overseas, I'm talking about the system that is fractional reserve banking, which almost every country in the world is victim to.
The central bank supplies the country with money they use and the govt has to pay interest on it - they are not a part of the governing body.
You're completely off the mark


You do realise that we are not America and the reserve bank is 100% state owned .

Yes I know the technicality is different but the function is exactly the same

 

[Regan]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

This is one of the worst takes I’ve ever seen. Aus government borrows from a variety of sources and of course they pay interest. Printing money has zero to do with it when they get the money, nobody prints it and hands it to them and when they pay it back nobody prints it and walks in to pay it back

They are simply borrowing money like everyone else and paying interest. The capacity to pay it back has zero to do with printing money. The predominant means of income the Government has is taxation and if the govt operates at a surplus (budget) then they can pay back debt.

Hahaha nope. Where does all the world's currency come from? Their country's central bank.
Who prints the money? - The central banks
I'm not talking at all about borrowing money from overseas, I'm talking about the system that is fractional reserve banking, which almost every country in the world is victim to.
The central bank supplies the country with money they use and the govt has to pay interest on it - they are not a part of the governing body.
You're completely off the mark


You do realise that we are not America and the reserve bank is 100% state owned .

The reserve bank of Australia is not owned by Australia never has been I will look for the government report and post it

https://bankvictims.com.au/media-gallery/57-who-really-owns-the-rba-reserve-bank-australia

 

[Regan]

"The Reserve Bank is a foreign ADI. A "foreign ADI" means a body corporate that:

(a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and

(b) is authorised to carry on banking business in a foreign country; and

(c) has been granted an authority under section 9 to carry on banking business in Australia."

http://www.bfcsa.com.au/index.php/entry/who-really...

 

[Rugba]

The reserve bank loans money at an interest rate. If they print 100 bucks at a 5% interest rate than the government needs $105 bucks to pay them back. However, they print the money so the only way to pay them back is to borrow more money from them which is also at an interest rate. Thus a society can never get out of debt and your taxes finance their debt whilst the value of a dollar gets less and less.
So yes it affects you hugely, its a terrible system.
The govt should print money without interest attached to it, that's my solution. That's what Jesus referred to when he said there shouldn't be usury.

This is one of the worst takes I’ve ever seen. Aus government borrows from a variety of sources and of course they pay interest. Printing money has zero to do with it when they get the money, nobody prints it and hands it to them and when they pay it back nobody prints it and walks in to pay it back

They are simply borrowing money like everyone else and paying interest. The capacity to pay it back has zero to do with printing money. The predominant means of income the Government has is taxation and if the govt operates at a surplus (budget) then they can pay back debt.

Hahaha nope. Where does all the world's currency come from? Their country's central bank.
Who prints the money? - The central banks
I'm not talking at all about borrowing money from overseas, I'm talking about the system that is fractional reserve banking, which almost every country in the world is victim to.
The central bank supplies the country with money they use and the govt has to pay interest on it - they are not a part of the governing body.
You're completely off the mark


You do realise that we are not America and the reserve bank is 100% state owned .



The reserve bank of Australia is not owned by Australia never has been I will look for the government report and post it

https://bankvictims.com.au/media-gallery/57-who-really-owns-the-rba-reserve-bank-australia

"The Reserve Bank is a foreign ADI. A "foreign ADI" means a body corporate that:

(a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and

(b) is authorised to carry on banking business in a foreign country; and

(c) has been granted an authority under section 9 to carry on banking business in Australia."

http://www.bfcsa.com.au/index.php/entry/who-really...

Australia is officially the commonwealth of Australia

Reserve bank is state owned

1. What is the Reserve Bank of Australia and who owns it?
The Reserve Bank of Australia is Australia's central bank. Its role is set out in the Reserve Bank Act 1959. The Bank conducts the nation's monetary policy and issues its currency. It seeks to foster financial system stability and promotes the safety and efficiency of the payments system. It also offers banking services to government. The Bank is a body corporate wholly owned by the Commonwealth of Australia.

https://www.rba.gov.au/qa/

 

[DGilly]

It doesnt even matter who it's owned by, the fractional reserve banking system remains the same as the US

 

[Regan]

The Reserve Bank of Australia and the Australian constitution

The Reserve Bank is a foreign ADI. A "foreign ADI" means a body corporate that:
(a) is a foreign corporation within the meaning of paragraph 51(xx) of the Constitution; and
(b) is authorised to carry on banking business in a foreign country; and
(c) has been granted an authority under section 9 to carry on banking business in Australia.

Prior to 1959 the Commonwealth issued and printed its own money and had control of the printing of money. However after the 1959 Reserve Bank Act, the Reserve Bank was established as a stand alone independent
foreign ADI, which took over the printing of money and lent the money it printed to the Commonwealth at interest. So instead of the Commonwealth printing its own money, we have a foreign body corporate printing our money and lending it to the Commonwealth which the Commonwealth needs to pay back!

"RESERVE BANK ACT 1959 - SECT 77

Guarantee by Commonwealth

The Commonwealth is responsible for the payment of all moneys due by the Bank" (The commonwealth of Australia is paying money is borrows back to the stand alone bank)
(Source: http://www.austlii.edu.au/au/legis/cth/consol_act/rba1959130/s77.html)

"RESERVE BANK ACT 1959 - SECT 27

Bank to be banker for Commonwealth

The Bank shall, in so far as the Commonwealth requires it to do so, act as banker and financial agent of the Commonwealth" (The reserve bank is the Commonwealths banker and lender and the Commonwealth must pay the money back to the Bank!)
(Source: http://www.austlii.edu.au/au/legis/cth/consol_act/rba1959130/s27.html)

EVIDENCE THE BANK IS A FOREIGN ADI WITH FOREIGN LINKS AND BRANCHES:

The below act shows how foreign coroporations have power of attorny over the Reserve Bank of Australia:

RESERVE BANK ACT 1959 - SECT 76

Attorney of Bank
The Bank may, by instrument under its seal, appoint a person (whether in Australia or in a place beyond Australia) to be its attorney and a person so appointed may, subject to the instrument, do any act or execute any power or function which he or she is authorized by the instrument to do or execute. (Source: http://www.austlii.edu.au/au/legis/cth/consol_act/rba1959130/s76.html)

Foreign Agents in control of the Reserve Bank of Australia:

RESERVE BANK ACT 1959 - SECT 75

Agents etc.

In the exercise of its powers and the performance of its functions, the Bank may:
(a) establish branches and agencies at such places, whether within or beyond Australia, as the Bank thinks fit;
(b) arrange with a person to act as agent of the Bank in any place, whether within or beyond Australia; and
(c) act as the agent of an ADI carrying on business within or beyond Australia.

 

[earl]

It doesnt even matter who it's owned by, the fractional reserve banking system remains the same as the US

I don't understand the problem. You state it's usury. Well guess what the whole banking system is based on that. Why else would people lend money ? Why would there be a bond market ? It's a part of the free market. Interest rates are so low atm as well.

If you are religious that is fine but that isn't a reason for the rest of us to not engage in getting mortgages to pay our houses off.

Do you have a reason that this is a problem that is rational and logical.

 

[DGilly]

It doesnt even matter who it's owned by, the fractional reserve banking system remains the same as the US

I don't understand the problem. You state it's usury. Well guess what the whole banking system is based on that. Why else would people lend money ? Why would there be a bond market ? It's a part of the free market. Interest rates are so low atm as well.

If you are religious that is fine but that isn't a reason for the rest of us to not engage in getting mortgages to pay our houses off.

Do you have a reason that this is a problem that is rational and logical.

Why should money be lent to generate a profit, especially when it must be paid back by borrowing more?

Did you enjoy paying interest on your home loan? Why should you have had to pay interest?

Money should be loaned interest free from the government.

The circulation of currency should not be something to profit off.

I am not basing this off being a Christian or anything but Jesus was correct in saying there should be no usury.

Yes, the whole banking system is rigged.

There have been numerous societies that functioned very well without usury and it's not a free market if there is no organisation that loans money without usury; the bankers make sure of this.

Look up executive order 1111 if you're interested in seeing what JFK tried to do to subvert central banking in the US. But something happened to him a few months later....

 

[DGilly]

Plus your taxes would actually go towards public goods. Leichhardt Oval could get some nice renovations, but instead half of it is servicing debt.

Current conditions and rates don't really matter, yes it could always be worse like in the US but the system is completely rigged and we aren't the ones benefiting from it.