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Tag Archives: fiat currency

Creating Money Out of Thin Air Now Costs More?

Seems there is an idea that the public accept that the cost of loaning money that is made up on the spot has increased. http://www.news.com.au/money/interest-rates/testing-times-for-the-banks/story-e6frfmn0-1226343295959 How can inventing money increase in cost? These shameless charlatans are part of the problem. They hide behind the violence of the state to support their fraudulent enterprise of turning […]

RBA needs to lift rates because of inflation? WTF?!

RBA may lift rates WTF?! The RBA sets the rate of inflation. Not the other way around. Inflation does not set the RBA rates. That’s a flat out lie. RBA controls inflation through its allocation of interest rates (which can be ignored by banking institutions as they see fit). So this flat out lie, blatant […]