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Reserve should lie low and keep its powder dry : Comments
By Henry Thornton, published 4/9/2012A little Q&A for the board of the RBA.
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Currently even our inflationary money is borrowed from banks like the US Federal Reserve (A private cartell of banks)who just create it with the click of a computer mouse.Inflationary money depreciates our money,thus they are stealing from us and presenting back as debt.They own our increases inn productivity by virtue of creating from nothing the money to equal it.We will never escape this debt trap unless we all demand that the RBA for once does it's job.
Our taxes can be reduced or more importantly we can have debt free infrastructure and true prosperity if we give our pollies reason to have a backbone.Iceland has gone it alone and told the Central Banks of Europe where they can stick their counterfeiting debt money.Why don't we follow their example?