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The Forum > General Discussion > RBA Replacement

RBA Replacement

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As per Joel Kotkin (The Coming of Neo Feudalism', 2020) we are heading for a more hierarchical and stagnant society, with class immobility and immense concentrations of wealth at the top, leading to a 'serflike' status for the majority of the population.

What we say doesn't matter a lot. Despite blogs and social media giving the 'appearance' of information democracy, a small hierarchy controls the flow, and wants to do more, via the alarming censorship Bill soon to be tabled by Albanese.

Albanese wants to beat the 'Third Estate' into submission. To replace values of self-determination, family and community with the "authority of 'experts' ".

This new feudalism is creating a society, where more people can't afford to buy houses, pay the rent, pay for groceries or much else.

Does anyone really believe that the political class cares about inflation, cost of living or the peasants?

In the Middle Ages, when feudalism ruled, the peasants did actually revolt. It's time for us to revolt now, starting with voting NO to the Voice, before it's too late.
Posted by ttbn, Monday, 17 July 2023 11:37:03 AM
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I think that mhaze has summed things up rather well.
I don't believe that much will change under the new
Chief. And Philip Lowe was unpopular and had to go.
Posted by Foxy, Monday, 17 July 2023 1:14:42 PM
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During the regime of the previous LNP coalition government, the then Minister for Finance, Nathias Cormann admitted that the government believed high unemployment was a necessary tool to limit inflation. Subsequently the government actively pursued this objective. High unemployment allowed ministers to exploit the inaccurate narrative of ‘dole bluggers’ resulting in the inhumane and cowardly Robodebt scandal.

I’m terrified to hear talk, once again, of increasing the rate of unemployment to help control inflation. Whoever is in control of the RBA (be it man or woman) must never utter this concept ever again and persuade politicians of the same
Posted by Aries54, Monday, 17 July 2023 1:59:12 PM
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It's hard to believe that any government would inccease unemployment for any reason. But, mass immigration (700,000 more people coming over the next two years) and making business too expensive because of expensive electricity, sending what's left of our industry to China, capping the price of gas and reducing investment, and all the Socialist incompetence and ignorance, should do the trick.
Posted by ttbn, Monday, 17 July 2023 4:26:59 PM
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Foreign student visas have hit a 10 year high: half a million. The Coalition was also involved in allowing over 50,000 foreign students to stay here permanently. There will be more, adding to the 700,000, mainly Third World country escapees.

We have big problems with our political class, and their hidden string-pullers - not with the immigrants they are encouraging to come here, who naturally want a better life, which they might not get, given the number of them coming here putting pressure on already overcome housing and infrastructure.

Recently, 8 million university graduates in China started applying for jobs, only to find that there was nothing available to them, apart from work they could have got if they skipped university and went straight into from school. That's why they want to come here; but it won't be long before the same situation exists here, as it does in China, as the Albanese becomes more like THE CCP, and the Opposition is useless.
Posted by ttbn, Tuesday, 18 July 2023 9:00:39 AM
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Lets look at the positives.

On foreign policy the Albanese government has made some
big strides. It has reset the dialogue with discussion lines
open again not only with Asia and the Pacific but Penny Wong
has initiated valuable efforts to strengthen relationships
with neighbouring nations that barely raised a blip on the
previous government's radar.

It's repaired the rift with France - and at home the government
has tackled the problem of rapidly raising energy costs by
locking in legislation to cap domestic wholesale prices of
coal and gas.

Unemployment is the lowest for many decades at 3.4%.
Australian international borders are open again allowing the
return of tourists and foreign students and providing a
gateway to fill skill shortages.

Reducing government debt and limiting inflationary pressures
while ensuring government services are delivered fully will
of course test all ministries. But the PM and his team has
changed the mood of the nation. He and his team has purseud
constructive negotiations across parliamentary benches.
Lets hope that this continues for the success of us all.
Posted by Foxy, Tuesday, 18 July 2023 9:43:39 AM
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