the current plan is to print their way into more debt
held by govts..not those spending at todays values

then print more paper..to devalue the dollar values
it means the people[consumers..getting the hardship
while the money changers get their fees/bonus..and bailouts

thing is mate..its going*bad..real fast
in china..there are millions of EMPTY investment homes
whole cities..of empty homes..

[if you think china
isnt going to have its bust soon..
mate your in lala land]..its numbers
are even more based in fiction..than ours

the usa housing/bust was nothing
compared to the upcomming china/bust

there is a need to head-off
those with infinite greed
those who think of everything..only by the value..of its parts

those in power know/no-end..to the abuses
they are willing to put on others..
just to avoid..a slight discount*..to themselves

a discount is theft
someone lied

someone colluded a lie
they should be in jail

sadly they will be dead..when it becomes clear
just how bad..they have failed...and what they
were willing*..to let others suffer

we are all..in this*together..

but somehow the poor
allways bailout the rich
its the savers who lose their savings..when the bank fails

the bankers allways seem to know
one minute before the market..finds out

you will know better
once you lose all your savings

but then you will be..too angry for revenge
rather than..an in time..*FAIR..fix..now

our coin-age
doesnt reflect,its real values
just like our coppers..were stolen..
so too the same/thieves think to steal it all..soon

if only you used your word-skills..to help things
not defend the indefensable

coins dont have any..*monetary exchange values
its with the paper-notes/credit and other finantial instruments..the system..does its vile..

returning the true/values..*into coin
allows for a sepperation..[plan b]

the capitalists..keep their current system
and..the coin-age..is govt's/peoples system

nothing basiclly need change
except govt..and the poor
use coin

captialists return..*the coin to the bank
who return it..to govt..as their tax payment
*tithe*..[pay the rent]

back into the system..that underpins/underwrites
assuages..their fiat system

OUG China has real productivity to back up its'money supply.They will have a downturn when the US/Europe stops buying as much but they have the pop to consume their products and have a Govt owned banking system that doesn't screw them.

Sorry Arjay, I must have missed something.

>>If you paid attention Pericles I said either as a tax credit or debt free infrastructure<<

I simply read what you wrote:

>>China however is the thorn in their side having so many Govt banks creating infrastucture debt free.<<

I couldn't find the words "tax credit" anywhere. Are you sure that you didn't dream it?

>>The Govt banks of China to create money in their computers and loan it out like the Federal Reserve<<

At least we have straightened that out.

>>30% of our mortage money comes from foreign banks like the Fed Res.We are borrowing OS to buy our own land.<<

Perhaps you could explain why that is a bad thing? If the US$ tanks, surely that would mean we have less to repay?

I remain unconvinced that you have the slightest understanding of what you write.

And pretty much the same goes for you, I'm afraid one under god.

>>how this is best done is by returning the mint to govt control<<

Ummmm. It already is.

http://www.ramint.gov.au/

Look carefully at the top left-hand side of the page.

The rest of your posts show the same lack of grasp of the topic.

Pericles you seem to have comprehension problem.We do not need to borrow 30% of our mortage money from banks who just create it out of thin air.

Unlike China,we borrow from private banks the money to equal our increases GDP.The productivity of all Australians under this system gets expressed as debt.Eventually as has happened in the USA the total amount of money in the economy is equal to the debt owed to private banks.

Under a fair system,private banks will only be allowed to loan out money they actually have and not conjure it in cyber space.

Money does not equal wealth.It is the knowledge and skills of a pop that is wealth.When private banks pervert our system by creating too much and as now restricting supply,they crush the real economy.

The US Fed should be privatised and the debt created by their manufacture of counterfeit money be liquidated.It was never their money in the first place since that money represented the productivity of the US people.

You jest of course, Arjay.

>>Pericles you seem to have comprehension problem<<

From someone who demonstrates zero understanding of finance, that's pretty rich.

>>We do not need to borrow 30% of our mortage money from banks who just create it out of thin air.<<

For the gazillionth time, banks do not create money out of thin air. That's just a slogan that you picked up while doodling around with conspiracy web sites.

>>Unlike China,we borrow from private banks the money to equal our increases GDP.The productivity of all Australians under this system gets expressed as debt.Eventually as has happened in the USA the total amount of money in the economy is equal to the debt owed to private banks.<<

None of that makes any sense. You do realize that, don't you?

>>Under a fair system,private banks will only be allowed to loan out money they actually have and not conjure it in cyber space.<<

We've had the cyberspace discussion - money is not "conjured" from anywhere. But why should banks be restricted to money they actually "have" - I assume by that you mean money they have taken in deposits?

What is the difference between money they have on deposit, which they are obliged to give back under certain defined circumstances, and money they have borrowed (even from overseas - shock, horror!), which they are obliged to give back under certain defined circumstances?

There is no difference. Certainly not to the end-borrower - it's all just money.

In fact, from the Bank's point of view, borrowing 90-day money is predictable, while on-call deposits are not.

Now you are contracicting yourself:

>>When private banks pervert our system by creating too much and as now restricting supply,they crush the real economy.<<

Supply would be massively more "restricted" if they operated under Arjay-rules, and only lent what's on deposit.

If you could get your head around just that simple fact, you'd be on your way to a sound education.

china's productivity is a joke
if govt says buld more..more is built
[thus the enmpty houses/flats units etc]

didnt you watch the previous links
[i cant be botherd re finding them for you]
im too bust looking forward to keep going back

anyhow
here is more
http://dandelionsalad.wordpress.com/2011/04/05/libya-oil-banks-water-the-united-nations-and-americas-holy-crusade/
http://snardfarker.ning.com/video/unreserve-dollar-us-thinkers
http://snardfarker.ning.com/xn/detail/2649739:Video:357076?xg_source=activity
http://revolutionarypolitics.tv/video/viewVideo.php?video_id=14533

its a pity the 'note printing branch'
dont hold the same govt owned implication
http://www.noteprinting.com/

[link taken from 'mint faq page']

thjing is arjay said controled
[and govt logo dont mean govt control]

but lack of even govt logo..
on the notes should speak volumes

from my link

'About NPA
Note Printing Australia (NPA) is a wholly owned subsidiary of the Reserve Bank of Australia and was corporatised in July 1998.

NPA has its origins in an organisation that was first established in 1913 to print banknotes for Australia. After printing paper banknotes for Australia for 75 years,..""

anyhow

its about who controls
and ONLY the fed controls*
the issue of paper fiat

[ok plaSTIC]
i remain convinced your deliberatly
trying to confound the issue

[but enjoy your input]

banks couldnt 'only' lend money
they got in the bank
[because so much 'held'..by bankers is built upon leverage]
fractional reserves..and credit..or implied/not true values]

it truelly is a convoluted mess
http://whatreallyhappened.com/[video:http://youtu.be/FW0LJEofHiA]
[that globally..has not ever been audited by govt or outside auditers...[and true details..made available..to the public]
http://www.youtube.com/watch?v=v2vQBij7JJY&feature=youtu.be

the 'gold held at fort knoz
is still only by visual
not audited evidences
or actual proof of quality..and quantity
http://www.bbc.co.uk/news/world-europe-13022524
http://www.nytimes.com/reuters/2011/04/10/business/business-us-iceland-referendum.html?_r=1&ref=global-home
http://members.beforeitsnews.com/story/549/345/YES_Icelands_Got_the_Balls_No_One_Else_in_Europe_of_America_Has_..._its_still_a_bailout_and_the_people_of_Iceland_are_having_none_of_it..html

http://www.bushstole04.com/Libya/fed_libya.htm
http://redactednews.blogspot.com/2011/04/pentagons-trillion-dollar-spending.html

http://snardfarker.ning.com/video/shoot-em-up-the-danger-of

an oldie
but a goody
http://www.youtube.com/watch?v=90ELleCQvew