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Hopefully Dictionary Definitions won't disturb your concept of reality.

It is because of people's ignorance that institutions like the Reserve and Central Banks of the World are allowed to continuously inflate money suppy which makes the money you had in your pocket in the morning, worth less by the afternoon. Have a look at Zimbabwe to see an extreme example of this happening as we speak.

If we had a "Sound Monetary" system, there would be hardly any INFLATION because there is only so much gold and silver in the World.

It's a joke how the independant RBA controls both Money Supply and Interest Rates. While the RBA has this control of Inflation and Interest Rates they can manipulate Booms and Busts. It's also a joke how the Australian Population accepts this because of their ignorance.

Now if your so worried about Inflation, you'd better get down to Parliament and start demanding answers from your politicians as to why they allow the insidious scourge of Inflation to continue by a "independant institution", of which Kevin Rudd made a number of references in the debate supporting the continuation of an "independant" Reserve Bank.

<blockquote data-quote="Kimosabi" data-source="post: 216789" data-attributes="member: 7272">Hopefully Dictionary Definitions won&#039;t disturb your concept of reality.&nbsp;&nbsp;It is because of people&#039;s ignorance that institutions like the Reserve and Central Banks of the World are allowed to continuously inflate money suppy which makes the money you had in your pocket in the morning, worth less by the afternoon. Have a look at Zimbabwe to see an extreme example of this happening as we speak.&nbsp;If we had a &quot;Sound Monetary&quot; system, there would be hardly any INFLATION because there is only so much gold and silver in the World.&nbsp;It&#039;s a joke how the independant RBA controls both Money Supply and Interest Rates. While the RBA has this control of Inflation and Interest Rates they can manipulate Booms and Busts. It&#039;s also a joke how the Australian Population accepts this because of their ignorance.&nbsp;Now if your so worried about Inflation, you&#039;d better get down to Parliament and start demanding answers from your politicians as to why they allow the insidious scourge of Inflation to continue by a &quot;independant institution&quot;, of which Kevin Rudd made a number of references in the debate supporting the continuation of an &quot;independant&quot; Reserve Bank.</blockquote>

[QUOTE="Kimosabi, post: 216789, member: 7272"] Hopefully Dictionary Definitions won't disturb your concept of reality. It is because of people's ignorance that institutions like the Reserve and Central Banks of the World are allowed to continuously inflate money suppy which makes the money you had in your pocket in the morning, worth less by the afternoon. Have a look at Zimbabwe to see an extreme example of this happening as we speak. If we had a "Sound Monetary" system, there would be hardly any INFLATION because there is only so much gold and silver in the World. It's a joke how the independant RBA controls both Money Supply and Interest Rates. While the RBA has this control of Inflation and Interest Rates they can manipulate Booms and Busts. It's also a joke how the Australian Population accepts this because of their ignorance. Now if your so worried about Inflation, you'd better get down to Parliament and start demanding answers from your politicians as to why they allow the insidious scourge of Inflation to continue by a "independant institution", of which Kevin Rudd made a number of references in the debate supporting the continuation of an "independant" Reserve Bank. [/QUOTE]

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