I really can't understand what they are trying to do.

Bazz Aiden is trying to write it off as conspiracy theory but it is all there in writing by the Financial stability board. The Cyprus Govt is controlled by the banking system an so it was this system who confiscated deposits.

As stated previously because of the advertising of the CEC and them sending letters to every senior bureaucrat and politicians in our country, they cannot say they did not know. So the bank's plan now is to go after our $1.8 trillion superannuation by offering bank bonds to our funds and saying they are safe.

Remember our bank's shares are underpinned by money printing. Since 2006 USA Corps have borrowed $4.3 trillion to buy their own shares so CEO's can pay themselves huge bonuses.

They don't want to believe it Bazz and don't realise that bankers own our Govts.

Just as an aside to the G20. Why did not one boat approach the Russian ship? Well in the Black sea recently the Russians totally disabled the USS Donald Cook. They buzzed the Cook 12 times and the Cook became a lame Duck.

http://www.veteranstoday.com/2014/11/13/aegis-fail-in-black-sea-ruskies-burn-down-uss-donald-duck/

James Rickards rightly says that our monetary system is coming to an end. In the 1960's $1 debt produced $2.40 of growth. Today $1 of debt produces 3 cents of growth. The debt has now outstripped growth and all possibility of paying it back.http://www.youtube.com/watch?v=KYW5OGWfqJc

Tony Abbott thinks a free trade deal with China will solve our problems but when inflationary money gets expressed as debt we have no chance. The real rate of inflation is 7% pa and this far outstrips growth of 3%.$1 in 1970 bought 20 times the goods we can buy today in terms of food and houses are many times more expensive as a ratio of wages.

Hi Aiden,
Posting what I did in a manner that seemed to support ideas like Obama and Gorbachev being British spies probably did more to discredit Arjay and myself, although I didn't actually say I believed they were. Maybe I go to far at times and I'll agree that you responded with some valid points. But this doesn't mean some of mine, Arjay's and others concerns on this or other topics are any more invalid than the ideas of other people who would put us down or brush our opinions off. And it's that basic concept I was defending.

Going back to the original topic, (bail-in) my main concern is that its generally accepted that its ok for countries to take on debt, and through mismanagement of their finances they put their citizens in a position where they risk becoming debt slaves. I'll admit that if one can borrow money at 5% and invest it to get a 10% return, then it does make sense to do this but doing so is speculative as you're exposed to risk. This may be ok for individuals to do but its somewhat foolish for countries to do, especially when its proven time and again that governments cannot run businesses properly. Its my opinion that credit-based monetary policies for countries are a bad idea, nobody knows what natural disasters or unforeseeable events may be just around the corner, and too many countries fall into crisis because of this. It makes countries vulnerable especially when other groups or countries may work through espionage and other tactics to undermine governments, which only ensures citizens become debt slaves.

Look at Ukraine for example, where US worked to undermine the old government to continue its expansion and influence in Europe and to further antagonise and close in on Russia, as well as helping to prop up the Euro.
Forcing Ukraine to borrow from IMF, stipulating war in the east, wasting that money on war, conscripting its citizens into giving their lives to fighting that war and making the population debt slaves, whilst American interests take the countries resources.

Arjay if it's there in writing by the Financial Stability Board, why don't you provide a reference?

What makes you think the real rate of inflation is 7%?

Our money system won't come to an end, but it's likely to evolve so that less of its value is based on debt and more on fiat (and before you invent another conspiracy, that means taxation, not Italian vehicles). Either way, it will be business as usual.

____________________________________________________________________________________________

Bazz, nearly everything's done on computer these days, but that doesn't make it less real. Each dollar of "pixel money" is worth a dollar.

Yuyatsu, I agree that there are many ways that we could cut costs with minimal detriment.

Aiden, I'm sure you understand that demand for the US dollar is tied to oil purchases and the currency is now at risk, because other countries are now trading it in different currencies. You stated it may not collapse but instead devalue. But what happens to other countries economies when this happens? It could tip many other countries over the edge.

I'm not as knowledgeable as you and others when it comes to monetary systems. You say Australia owns the RBA and this confuses me because on this site, http://humansarefree.com/2013/11/complete-list-of-banks-ownedcontrolled.html it lists all banks owned by the Rothschilds, and RBA is included. Looking on their website, http://www.rba.gov.au/qa/role.html it states "The Bank is a body corporate wholly owned by the Commonwealth of Australia." I'm not exactly sure what this means, but if we really did own it, wouldn't they just say the bank is wholly owned by the Commonweath of Australia? Maybe someone can help me understand this better.
If we have full control and ownership of the RBA, why don't we just print $680bn wipe out the debt and save $20bn a year in interest? Of course there is going to be inflation, though I don't know how much or whether the inflation would be worse than the debt.

If current thinking is so critical of carbon emissions then why don't we put sanctions of China and India to force them to reduce emissions? This would increase the cost of Chinese goods, but make manufacturing more viable in other countries again.

Bazz, When Greece and Cyprus failed its my understanding that bankers were put in to manage the country. Maybe this wouldn't be such a bad thing before a country falls into financial crisis but I cant see how its at all any good for the citizens afterwards. This is the risk credit-based currencies take on. I agree that depositors should take precedence over shareholders.

Arjay, I completely agree that bankers rule governments.
If that wasn't true, the G20 wouldn't occur behind closed doors.