Tristan Ewins:>> An article of mine on the Aus Election has also been published here at OLO today.<<

Thats it Tris, a little bit of marketing, do we get fries with the thread?....just joking.

Pericles,wants to know where all the fiat money created by our global reserve banksters is if not in the real economy.

Well Pericles when all the bailouts were happening in the USA and Europe that new money created being debted to the US people was going into the derivatives market to bail out the banksters and their mates.Much of this money is still is share market limbo and not being used as a medium of exchange for real goods and services.When the derivatives begin to unravel and they will,this excess counterfeit money will enter the real economy causing hyper-inflation ,high interest rates and unemployment,perhaps stagflation.

You Pericles,cannot distinguish between real transactions and ficticious poisonous,hedge funds,cedit default swaps etc.There are $ trillions tied up in the worthless derivative market and no one knows how much of this money is interwoven in real assets.When the $US begins to collapse ,there will be a giant sucking sound stripping the share market of enormous wealth.

The standard advice in situations like this, Arjay, is "when you find yourself in a hole, the first thing to do is stop digging".

The problem, I suspect, is that you know too little to stop yourself parrotting stuff that you don't remotely comprehend.

>>...when all the bailouts were happening in the USA and Europe that new money created being debted to the US people was going into the derivatives market to bail out the banksters and their mates<<

Your evidence for this is, what? Or is it a secret?

Incidentally, in what sense is the derivatives market not part of the real economy? Come to that, do you actually know what a derivative is?

>>Much of this money is still is share market limbo and not being used as a medium of exchange for real goods and services<<

'Scuse me? Money "in limbo"? How does that work? If it is in limbo, how can it be used to bail anyone out?

The fact that you are not making sense is an understatement.

>>When the derivatives begin to unravel and they will...<<

How does a derivative "unravel", Arjay? What exactly happens?

>>...this excess counterfeit money will enter the real economy"

Putting the two statements next to each other, you suggest that the unravelling of the derivative markets will release a whole lot of money. You call it "counterfeit", but from past experience that's just your codeword for "borrowed".

I am really interested in your explanation of how this actually occurs in real life, Arjay.

Particularly the "unravelling" part, which appears to generate "excess" money.

It may take you a little time to research. But I am happy to wait.

individual:
"you will think different once you grow up & you're expected to pull your own weight."

Wow, Lorry puts forward a detailed argument and you respond with this?

Maybe we should just find the oldest bloke in the room and agree with him on everything, for surely he must be the wisest, despite the fact he would be well and truly entrenched in whatever biases and prejudices he developed at a young age being educated in a time when we still had the White Australia Policy.

And it would be a bloke, because women had no need for opinions back then either.

Education has come a long way in the 15 years since I was at uni; let alone in the past 50 years. It is quite evident in the posts of some in OLO, that's for sure.

BTW, I thought this article was a very accurate assessment on the state of democracy in this country, which as it stands is largely a result of compulsory voting.

Pericles,the consumate conman.Derivatives are contracts whose value is derived mostly from the price of intangibles,such as cash market investmensts,stocks,bonds and money market instruments.

It is paper money based on expectation.It works this way.The Global Reserve banks create money in their computers thus depreciating our labour reward for effort.

The large banks make sweet heart deals (ie very low interest rates) with large corporates in which they have shares.They can generate in their computers money at will,to equal in Western economies,the combination of inflation and GDP.This is $ trillions globally and so they are now powerful enough to dictate to our Govts and our media, their agendas.

Your "New World Order" Pericles,is coming asunder.