What Did I Tell you? A Death Tax! By James Reed

     I covered this one in an article last week, as Paul Keating (remember him?) gave us the news that there would be a HECs type of scheme for aged care, but no death tax. Well, guess what? Read on:
  https://amp.news.com.au/finance/money/tax/seniors-could-be-asked-to-sell-family-home-under-death-tax/news-story/5a4ff412e013eb5a9787cc5f6cb8f4ff

“Baby Boomers could be asked to sell the family home when they die to pay for aged care costs under a new plan to slap an effective death tax on seniors to fund care. Former Treasurer Peter Costello has urged the Morrison Government to consider an expanded pensioner loans scheme during his appearance today at the Royal Commission into Aged Care. Under the proposal, seniors would be given the option of taking out a loan secured against the family home, that would then be sold when they died or other assets liquidated. While some banks already offer reverse home loans, Mr Costello has called for debate on expanding a pensions loans scheme to use the family home as an asset that could be sold when a retiree dies to recover costs. “I mean, financial products that can allow people to raise accommodation bonds against the family home, which is generally their greatest asset, I think there’s a much more scope for them and I think the Government could assist there,” Mr Costello said. “The Government has a thing called the Pension Loan Scheme which it says is available. The private sector has what is called a reversible mortgage or equity drawdown mortgages. “But I do think, you know, this is a classic area where those people that do use residential care and do have assets should be asked to make a contribution and guaranteed a return of their deaths.”

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I Long for the Universities to Get Broker, Not Woker By James Reed

     I know that the corny corona freak out has brought in the New World Order, and unspeakable tyranny and misery, but it can’t be all bad, can it? Can it? Whatever happened to look on the bright side of life? So, let’s do it. At least the lockdowns, as soul destroying as they have been/are, as utterly destructive of the economy, and transferring wealth from the small business to the big, have taken the universities down with them. Why, the second round of staff cuts looks like it will be even better than the first. That has to count for something.
  https://www.afr.com/work-and-careers/education/second-wave-of-university-job-cuts-coming-next-year-20200917-p55wg2

     Now that is behind a pay wall, and where it comes to money, well, I am not in that, I just hit the wall. But I actually had a copy of the FIN, if that is what it is called, and saw the article. So, unless travel restriction are lifted on the cash cows who keep the whole rotten sector afloat, there are likely to be at least 20,000 job losses, while the universities move from voluntary targets, to compulsory. Whoaha … go scum bags, go! I bet the vice chancellors, also know as chancellors of vice in some cases, getting the one million plus big smackeroos a year will not be losing much. And, I suppose the staff cuts will not be in vital areas such as critical race theory, gay and transgenderism, but things like engineering and STEM and life-saving technologies, but, well, it is a start. I would be happy to starve to death, even being eaten alive by giant post-apocalyptic rats, to see these cesspools of political correctness and mass migration go down the drain pipes of modernity.

Keating Just Keeps on Giving it to Us! By James Reed

     Does this nightmare ever end? I look at my very favourite capitalist paper, the FIN, and there is Keating doing what he does best.
  https://www.afr.com/politics/keating-proposes-hecs-style-loans-to-fund-aged-care-20200914-p55vcc

“A HECS-style loan system should be introduced to help fund Australians' aged care, former prime minister Paul Keating says. People would be given credits towards their aged care and their estate then used to pay off the loans after they died, Mr Keating told the Royal Commission into Aged Care Quality and Safety. "We're not forcing anyone out of their home in old age, we're not obliging an aged person to negatively mortgage their home," he said on Monday. "You're not asking members of families to chip in and pay for their relatives. I think such a system has a lot of advantages." The latest round of royal commission hearings is looking at funding and prudential regulation in the aged care sector. Senior counsel assisting Peter Gray, QC, told commissioners that aged care providers were not required to report how much they were actually spending on care. Commissioner Tony Pagone asked Mr Keating if his HECS-style proposal could be seen as a death tax by requiring people to pay off their loans with their assets. "Putting on my former hat as a tax lawyer, I can see lots of people trying to make sure they don't have the assets there that can be called upon," Mr Pagone said. Mr Keating said the government would have to introduce policies to make sure that didn't happen. Similar to HECS, Mr Keating said the loan would not have to be repaid if it couldn't, like university students who never meet the income threshold to start paying off their debt. Brick and mortar assets, superannuation, cash and other investments would all be called upon after the person died to pay off the loan, he said. "In such a proposition you couldn't think of much political opposition from any quarter," Mr Keating said. The former prime minister, the man behind Australia's compulsory superannuation, said he changed his thinking on his previously proposed "longevity levy". The levy would tack 0.5 per cent to 1 per cent extra on to super payments to fund an insurance scheme for Australians once they passed their mid-80s.

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A Loan, but We Destroy the Economy? Sure, Where Do We Sign? By James Reed

     The (New)  World (Order) Bank had offered Belarus a loan of $ 940 million to lockdown the economy, but the prime minister told them to go jump, unlike many other small nations, also being coerced.
   https://www.thegatewaypundit.com/2020/07/world-bank-offered-belarus-940-million-coronavirus-loan-locked-destroyed-economy/

“The World Bank offered Belarus a $940 million coronavirus loan in June. But the conditions included that they lock down and destroy their economy. The World Bank wanted him to lock down like Italy did in March and April. The Belarus President Aleksander Lukashenko, considered the last tyrant in Europe, turned down the offer. Then he went public with the details. It makes you wonder how often this happens to less prosperous nations.” 

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The Corruption of the Universities By James Reed

     We have covered the intellectual and academic corruption of the universities, but the financial aspects are equally as worrying. Thus, we have situations across the country of some senor administrators getting annual salaries of greater than $ 1 million, white junior staff are being laid off, or taking a salary cut, as the Australian universities have come to be funded largely by money from full fee-paying international students. Go figure.
  https://www.michaelwest.com.au/australian-university-profits/?mc_cid=8b9be084c4&mc_eid=a349a0a63a

“The rampant commercialisation of Australia’s public universities has been laid bare as they engage in behaviour more expected of multinationals than learned institutions. While huge numbers of teaching staff have been casualised, the sector is reporting bumper profits and eyewatering corporate salaries. Union representatives are concerned that wage theft by universities from their increasingly casual workforce could reach into all of Australia’s 39 public universities. Michael West Media has learned that early results of a survey issued by the National Tertiary Education Union to its members show that the practice is effectively universal in the sector. Alison Barnes, National President of the National Tertiary Education Union told Michael West Media. “We have always known it was going on but because of the casual and insecure nature of employment – that precarity works against reporting of underpayment.” So far, least 10 Australian universities have admitted to underpaying casual staff, having to audit payments to staff or to being in industrial disputes with staff. The 10 universities also collectively posted $1.12 billion in profits for the 2019 calendar year, a 46% rise compared with 2018. Last week, the ABC revealed the widespread underpayment of casual staff across the public university sector, a practice unions describe as wage theft.

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Is Australian Cash an Endangered Species? By James Reed

     Thank God for the overseas media, so we can learn what is going on in Australia. Take cash for example:
  https://www.naturalnews.com/2020-08-20-coronavirus-causes-australia-bankss-shut-down-branches.html

“The Wuhan coronavirus (COVID-19) crisis in Australia has caused the closure of thousands of ATMs and hundreds of bank branches in the country. At least 2,150 terminals have been removed in the recent June quarter alone. This has brought the number of ATM terminals across the country to just 25,720 – their lowest level in 12 years – according to the Australian Payments Network. According to Tony Richards, head of payments policy at the Reserve Bank of Australia, most of the ATM closures were in metropolitan areas, in locations such as shopping centers. In addition, Australia’s “Big Four” banks – ANZ, Commonwealth, NAB and Westpac – have also shut down a combined 175 branches over the past 12 months. Of these, ANZ has the highest with 68 branches closed, followed by Commonwealth with 44. Meanwhile, Westpac and NAB have shut down 36 and 27 branches, respectively. The widespread closures have divided public opinion and, more importantly, left 2.5 million elderly Australians who don’t do online banking with no way to access their money.

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Bank Bail-Ins and Stealing Your Money! By James Reed

     Malcolm Roberts, One Nation Senator for Queensland, has warned us of the danger of bank bail-ins, where if the banks get in dire financial straits, they take your deposits. To counter this, he is championing the Banking Amendment (Deposits) Bill 2020. So far there have been over 200 submissions to the Economics Committee since June 2020, most positive, although APRA and the Treasury think that it is unnecessary. But, in his own submission, Senator Roberts argues that banks in a financial crisis can and will gobble up the savings of depositors. So, here is his submission, and you can help by passing the information on.  
  https://www.malcolmrobertsqld.com.au/senator-roberts-makes-submission-to-bank-bail-in-inquiry/

Summary by section

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There Goes the Dollar By James Seed

     I typed “Seed” instead of “Reed” but who cares? There goes the US dollar. That is another nail in the coffin of the US, and when the US goes down, Australia will not even be a snack. Think about it.
  https://asia.nikkei.com/Politics/International-relations/China-and-Russia-ditch-dollar-in-move-toward-financial-alliance

“Russia and China are partnering to reduce their dependence on the dollar -- a development some experts say could lead to a "financial alliance" between them. “In the first quarter of 2020, the dollar's share of trade between Russia and China fell below 50% for the first time on record, according to recent data from Russia's Central Bank and Federal Customs Service. The greenback was used for only 46% of settlements between the two countries. At the same time, the euro made up an all-time high of 30%, while their national currencies accounted for 24%, also a new high. Russia and China have drastically cut their use of the dollar in bilateral trade over the past several years. As late as 2015, approximately 90% of bilateral transactions were conducted in dollars. Following the outbreak of the U.S.-China trade war and a concerted push by both Moscow and Beijing to move away from the dollar, however, the figure had dropped to 51% by 2019. Alexey Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, told the Nikkei Asian Review that the Russia-China "dedollarization" was approaching a "breakthrough moment" that could elevate their relationship to a de facto alliance. "The collaboration between Russia and China in the financial sphere tells us that they are finally finding the parameters for a new alliance with each other," he said. "Many expected that this would be a military alliance or a trading alliance, but now the alliance is moving more in the banking and financial direction, and that is what can guarantee independence for both countries." Dedollarization has been a priority for Russia and China since 2014, when they began expanding economic cooperation following Moscow's estrangement from the West over its annexation of Crimea. Replacing the dollar in trade settlements became a necessity to sidestep U.S. sanctions against Russia.

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Get Ready for the Return of the Old Dole By James Reed

     This is where things get interesting. People have been thrown out of work, given more than the usual dole to not sink under the flood waters of corona, but soon, that dole will be taken away, and everyone goes into free fall. I imagine that the BLM protests are going to look like the good old days in a few months’ time.
  https://amp.news.com.au/finance/economy/australian-economy/jobseeker-payment-slash-would-see-three-in-four-unemployed-aussies-forced-to-skip-meals/news-story/6aa262510764019d58a1901659ecef55

“It’s a devastating hidden statistic weighing on the mind of the Prime Minister as he considers a “snapback” to a $40-a-day dole. Three in four unemployed Australians forced to survive on the old $275-a-week dole were forced to skip meals or couldn’t afford fresh fruit and vegetables. Now, there are fears this is the grim future that more than 1.6 million Australians face when the JobSeeker payment is slashed at the end of September. Just over two months ago, the Jobseeker payment was doubled to $550 to help thousands of workers who lost their jobs in the coronavirus pandemic. At the time, the PM stressed that the increase was temporary and that the dole would return to normal in late September. But now, as the ranks of the unemployed swell when the Morrison Government also axes the JobKeeper wage subsidy in September, more Australians will be forced to live in poverty. In a survey of almost 1000 Australians who rely on JobSeeker, the Australian Council of Social Service has found that 9 out of 10 people reported that the removal of the new JobSeeker rate would have a significant or extreme impact on their ability to cover the cost of essentials.”

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What About BlackRock? By Charles Taylor

     This article by Ellen Brown, “Meet BlackRock, the Great Vampire Squid,” caught my eye. What could that be about? I must admit that I knew nothing about this financial entity, which I guessed it was rather than some recreational area, like a park with a huge mountain that people climbed and fell off to their death. Wow, just consider this:
  https://www.unz.com/article/meet-blackrock-the-new-great-vampire-squid/

“To most people, if they are familiar with it at all, BlackRock is an asset manager that helps pension funds and retirees manage their savings through “passive” investments that track the stock market. But working behind the scenes, it is much more than that. BlackRock has been called “the most powerful institution in the financial system,” “the most powerful company in the world” and the “secret power.” It is the world’s largest asset manager and “shadow bank,” larger than the world’s largest bank (which is in China), with over $7 trillion in assets under direct management and another $20 trillion managed through its Aladdin risk-monitoring software. BlackRock has also been called “the fourth branch of government” and “almost a shadow government”, but no part of it actually belongs to the government. Despite its size and global power, BlackRock is not even regulated as a “Systemically Important Financial Institution” under the Dodd-Frank Act, thanks to pressure from its CEO Larry Fink, who has long had “cozy” relationships with government officials. BlackRock’s strategic importance and political weight were evident when four BlackRock executives, led by former Swiss National Bank head Philipp Hildebrand, presented a proposal at the annual meeting of central bankers in Jackson Hole, Wyoming, in August 2019 for an economic reset that was actually put into effect in March 2020. Acknowledging that central bankers were running out of ammunition for controlling the money supply and the economy, the BlackRock group argued that it was time for the central bank to abandon its long-vaunted independence and join monetary policy (the usual province of the central bank) with fiscal policy (the usual province of the legislature). They proposed that the central bank maintain a “Standing Emergency Fiscal Facility” that would be activated when interest rate manipulation was no longer working to avoid deflation. The Facility would be deployed by an “independent expert” appointed by the central bank. The COVID-19 crisis presented the perfect opportunity to execute this proposal in the US, with BlackRock itself appointed to administer it. In March 2020, it was awarded a no-bid contract under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to deploy a $454 billion slush fund established by the Treasury in partnership with the Federal Reserve. This fund in turn could be leveraged to provide over $4 trillion in Federal Reserve credit. While the public was distracted with protests, riots and lockdowns, BlackRock suddenly emerged from the shadows to become the “fourth branch of government,” managing the controls to the central bank’s print-on-demand fiat money. How did that happen and what are the implications?”

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Time to Defund the UN By Charles Taylor

     Yes, if proof was ever needed of the UN being part of the global New World Order conspiracy, this is one more piece of evidence. Their dark hand is upon the present chaos. As the UN supports an urban terrorist group, that makes them accomplices.
  https://www.breitbart.com/europe/2020/06/20/un-shares-antifa-flag-tells-u-s-antifa-has-right-to-freedom-of-expression-and-peaceful-assembly/

“United Nations “experts” slammed President Donald Trump’s call to label Antifa as a terrorist organisation, claiming it will undermine Antifa’s right of “peaceful assembly” — despite many instances of violence by the far-left anarcho-communist group. On Friday, the United Nations Office at Geneva (UNOG) posted the flag of Antifa on their official Twitter account, saying that a group of  human rights “experts” at the globalist organisation had expressed “profound concern over a recent statement by the U.S. Attorney-General describing Antifa and other anti-fascist activists as domestic terrorists, saying it undermines the rights to freedom of expression and of peaceful assembly in the country.” One expert cited in the statement from the United Nations was Fionnuala Ní Aoláin, the UN Special Rapporteur on the promotion and protection of human rights and fundamental freedoms while countering terrorism, who also works as the Board Chair of the Open Society Foundations Women Program — OSF being the plaything of left-liberal billionaire activist George Soros. UN #HumanRights experts express profound concern over a recent statement by the US Attorney-General describing #Antifa and other anti-fascist activists as domestic terrorists, saying it undermines the rights to freedom of expression and of peaceful assembly in the country. — UN Geneva (@UNGeneva) June 19, 2020

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Defunding Not the Police, But Ivy League Universities By James Reed

     Ivy league US universities are  in alphabetical order are Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, the University of Pennsylvania, Princeton University, and Yale University. Ann Coulter seems to have joined me in wanting to defund these institutions, rather than the police. I think that this would be grand:
  https://en.wikipedia.org/wiki/Ivy_League
  https://vdare.com/articles/ann-coulter-instead-of-enabling-attacks-on-dead-confederates-gop-should-defund-elite-institutions-like-yale

“Corporate plunderers, globalists, the wolf of Wall Street, 8 million “diversity” jobs (that go to Indians, not the descendants of American slaves, as intended)—that’s the America they revere. The new arrivals are fine with Red Guards going into cemeteries, ripping up symbols of our heritage. Just don’t dare lay a finger on their privately owned Rothkos! What do the Republicans say? No problem! Senate Leader Mitch McConnell says he’s “OK” with changing the names of military bases. Trump tweets narcissistic bluster. How about a bill withholding all federal funds from Yale University until it changes its name? The school’s namesake, Elihu Yale, was not only a slave owner, but a slave trader. Quite a dilemma for the little snots who attend and teach there! It will be tremendously damaging to their brand. After all, true sublimity for a Social Justice Warrior is virtue signaling and advertising their high SAT scores at the same time. If you refuse to fight, Republicans, don’t you at least want to have some fun?”

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On A Divorce from China By James Reed

     If Australia was a real country, with even a moderate level of self-respect, instead of being the equivalent of a fluffy toy, it would be moving to gain independence from a world set to explode. Then something may survive, but our elites are too low grade and degenerate to think beyond making a quick buck/ Renminbi/yuan, then getting out to let the place sink. But, soon there is going to be nowhere left to run.
  https://www.bbc.com/news/world-australia-52915879

“Australia's relationship with China is not a happy one at the moment. Canberra's push for answers on the pandemic's origins has angered Beijing. In the past month it has put in place some bruising sanctions and travel warnings. Many have urged Australia to reduce its economic reliance on China, but is this really an option? "I love the Chinese," says Chris Kelly, an Australian who's sown barley on his family farm for decades. "Love them. Every barley grower in Australia loves the Chinese because they've made us wealthy." Last year Australia produced over 8 million tonnes of the golden grain used in beer and pig feed. China bought more than half - at a premium price. But last month, China imposed an 80% tariff on Australian barley. It came after Canberra, echoing the US, called for an investigation into Covid-19's origins - a move that Beijing labelled "politically motivated". China has since suspended some major Australian beef imports, and warned students and tourists against travelling to the "racist" country. This week, in a secretive process, it sentenced an Australian man to death for drug smuggling. It's fuelled frenzied discussion in Australia: Is China retaliating against accusations it mishandled the coronavirus? Could this be the start of a trade war like that seen between the US and China?

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The Real “Fun” is Yet to Come! By Richard Miller

     Things are going swimmingly fine now, with the governments tossing down plenty of dough to keep us primates from revolting, but, just down the track the money runs out, and then it will be necessary to use the military to put people down, so that they starve to death in their fox holes, without a murmur; white folk silently disappearing into the darkness of the eternal night:
  https://www.dailymail.co.uk/news/article-8431545/HALF-businesses-say-lay-staff-furlough-ends.html

“Half of businesses expect to lay off staff once furlough ends - amid fears the UK faces 1980s-style unemployment. A poll of firms found 51 per cent say they will need to axe workers within three months of the government's huge coronavirus bailout being withdrawn. A fifth believe they will have to let 30 per cent or more of their employees go - while only 34 per cent are confident they will not have to make any redundancies. The dire results in the YouGov survey of 503 business leaders underlines the scale of the looming pain for Britons in the worst recession for 300 years. Some 9.1 million jobs are now being supported by the furlough scheme, which covers 80 per cent of wages up to a ceiling of £2,500 a month. Chancellor Rishi Sunak has said it will stay in place until the end of October - but companies will gradually be made to share the burden with the state. Despite the unprecedented efforts to keep people in jobs during lockdown, grim figures yesterday showed numbers on the payroll plummeted by 612,000 between March and May. Jobless claims under Universal Credit have soared by 1.6million - 125.9 per cent - over the same period. Vacancies showed an eye-watering reduction of 342,000 in March-May compared to the previous quarter - a sharper fall than than the credit crunch. However, the worst of the hit for workers appears to have been masked by the government's massive furlough bailout scheme, with experts warning of 1980s levels of unemployment by the end of the year.”

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How the Elites Protect Themselves Whilst Financing Urban Terrorism By Charles Taylor

     I had been musing about what will happen when the urban terrorists decide to claim all of the rich homes in Hollywood, and kick out the decadent film stars. But it has all been taken care of; they are safe for now, their properties and wealth are secure, and so they can continue to take the moral high ground, funding destruction, while being safe themselves. It is a good jig if one can get it.
  https://thecommonsenseshow.com/conspiracy-economics-martial-law/america-quickly-becoming-occupied-nation
  https://www.naturalnews.com/2020-06-17-teen-vogue-rioting-looting-destroying-better-world.html
  https://www.zerohedge.com/political/phew-beverly-hills-safe-autonomous-zone-ification-after-emergency-order-passed
  https://summit.news/2020/06/17/beverly-hills-safe-from-autonomous-zones-and-protests-after-emergency-order-passed/

“While celebrities and wealthy virtue signallers are all too eager to rally behind leftist mobs with support and donations, they will be assuredly safe in their gated mansions as the city of Beverly Hills issued an emergency order to ban all protests in the area, ensuring there will be no lawless ‘autonomous zones’ springing up on their doorstep. “To preserve the peace and tranquility of residential neighborhoods, effective tonight and until further notice, no more than 10 people shall gather in an assembly in a public right of way in a residential area between the hours of 9 p.m. – 8 a.m.,” an announcement proclaimed on the city’s social media accounts.

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Guess Who Funds BLM? Guess Who Came to Dinner? By Chris Knight

     If you think that BLM is just a grass roots funded organisation, think again, for it is clearly a corporate construction:
  https://www.breitbart.com/politics/2020/06/11/the-complex-funding-and-ideology-of-black-lives-matter/

“As the Washington Times noted in 2016, Black Lives Matter (BLM) presents itself as a plucky street-level movement with shoestring resources, but in truth it receives millions of dollars from corporate and political sponsors. The movement’s funding gives a hint of how far its political agenda stretches beyond criticizing the excessive use of force by police officers. Fortune also looked at BLM funding in 2016 and noticed its agenda and funding streams could “help dispel the myth that the movement itself is set on violence,” but could also “confirm the worst fears” of skeptics who saw BLM becoming another part of the vast and protean left-wing money machine. The machinery of BLM funding has only grown more complex since 2016, exacerbating a problem skeptics have warned about from the start: it is very difficult to know what each dollar donated to the movement will actually be used for. BLM’s major financial supporters include:

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The Minds of the Elites By Chris Knight

     Here is a good article from Amren.com, that has a look at the mind set of the 1 percenters in the present revolution. They support it to look trendy and woke, but these sorts of things have a way of getting out of hand, and minders close to them might just feel that they want to own the means of production, eh? I mean to say, they have servants even getting their food so that they are safe from the great unwashed. Thus, I do not believe that much long-term thought has gone into things:
  https://www.amren.com/commentary/2020/06/revolution-from-the-top/

“The world’s wealthiest man is Jeff Bezos, founder of Amazon. He’s so rich that he kept his position at the top even after making his ex-wife the third-wealthiest woman in the world after their divorce. However, Mr. Bezos evidently thinks he is speaking truth to power. Amazon is donating $10 million to liberal organizations including the NAACP and the Equal Justice Foundation. Amazon proudly displays the black nationalist flag. One Amazon customer complained about Black Lives Matter in email to Mr. Bezos. Mr. Bezos released the message and said he was glad to lose that customer and his “hate.” It’s hard to imagine a greater power disparity than that between Mr. Bezos and some customer, but Mr. Bezos is posing as a hero. Amazon has many black nationalist flags and books for sale. It bans the Confederate flag, along with White Identity and If We Do Nothing by Jared Taylor. Many of Amazon’s best sellers are anti-white books, including Robin DiAngelo’s White Fragility and two books by Ibram Kendi. Mr. Kendi came to our attention when he proposed an “anti-racist amendment” to the Constitution. This amendment would enshrine “two guiding anti-racist principles: Racial inequity is evidence of racist policy and the different racial groups are equals.”

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Financial Resistance: What the Elites Don’t Want You to Know By James Reed

     There has not much been said about financial resistance to the anarcho-tyranny that we, or at least Americans for now, us Australians tomorrow, have been subjected to. But financial advisor Robert Kiyosaki has thought this one through:
  https://www.zerohedge.com/crypto/robert-rich-dad-poor-dad-kiyosaki-what-elites-dont-want-you-know

“Robert Kiyosaki, the author of Rich Dad, Poor dad says there’s something the elitists don’t want you to know.  There’s a simple way to take back your power, and it involves removing yourself from any centralized banking system. These centralized systems were all set up for the elite by the elite, and they don’t want you to know you can remove yourself from the system, or the Matrix, so to speak. All you have to do is invest and spend outside of their system.  Decentralized systems are already in place, and the key to breaking free involves understanding that the central banks were not set up to help you. The Federal Reserve, the United States central bank, has “printed” [created out of thin air] more than $2 trillion since the global economic crisis began, and when the Fed prints money it makes the price of assets like gold, silver, and Bitcoin go up. As Robert Kiyosaki says, central banks are run by the “controlling elite.” These elites do not like gold or because central banks cannot print gold. Equally, central banks do not like Bitcoin and the blockchain because what Robert calls people’s money, does not need central banks either. Today, billions of people are trapped in a central banking system owned by the mega-rich and are losing big time because they are saving money. Kiyosaki says he knew the “leaders” of the world were screwed up, but even he didn’t think they were as diabolical as they have revealed themselves to be. “People are missing out on one of the biggest, catastrophic cash heists, of the whole world,” says Kiyosaki. “Our governments have really screwed up,” he adds. So it’s time to leave the system or be dragged into slavery by staying in it.  After all, they shut down the world to cover up something “very very big.”

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The Sneaky Covid War on Cash - The modern road to Mulberry Money, Shin Plaster and Cubic Currency By Viv Forbes

15 June 2020,     Today's world is awash with Fiat Money. "Fiat" means "let it be so". Fiat money is token currency supplied and regulated by governments and central banks. Its value relies on a government decree that it alone must be used as "legal tender" in paying for anything in that country. Its value falls as its supply increases. Fiat money is not new - Marco Polo described its use in China over 700 years  ago. Travellers and traders entering China were forced by Kublai Khan to exchange their real money (gold and silver coins and bars) for his coupons, made from mulberry bark, each numbered and stamped with the Khan's seal. The Khan decreed that local traders were forced to accept them ("legal tender"). Foreigners got the goods, the great Khan got the bullion and the Chinese traders got the mulberry bark (a bit like getting the rough end of a pineapple). By controlling the supply and exchange rates for mulberry money, he became fabulously wealthy, and his citizens were impoverished.

     During the American War of Independence, the colonial rebels had no organised taxing power so they printed the Continental dollar to finance the war. As the war dragged on, they printed too many dollars, and its fast
debasement gave rise to the phrase "Not worth a continental". Later, in the American civil war, confederate paper money used to support the army also became worthless. It was widely referred to as "shin-plaster", after its
highest value use in helping to bandage wounds.

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Good News! Good News! Chinese Investment in Australia Crashes! By James Reed

     May it crash ever further:
  https://www.theguardian.com/australia-news/2020/jun/09/chinese-china-investment-in-australia-plunges-almost-60-to-lowest-level-since-2007

“Chinese investment in Australia has fallen by almost 60% as Beijing shifts its focus towards developing nations that have signed up for its Belt and Road Initiative.Despite record trade between the two nations, Chinese investment in Australia fell from $8.2bn in 2018 to $3.4bn in 2019, with 43% fewer deals struck. A new report puts the plunge down to tighter Chinese regulations, a negative perception of Australia’s investment rules, and a shift towards Latin America and Belt and Road projects in developing countries. The KPMG and University of Sydney study found new Chinese investment in Australia had plunged to its lowest level since 2007. Hans Hendrischke, one of the report’s authors, said the decline mirrored similar patterns in other western countries. But he said Chinese investment into Australia had fallen at a faster rate than other nations including the United States. Australian food and agricultural businesses were the biggest recipients of Chinese investment, with 44% of the total funding flowing into the sector. The result was largely driven by the acquisition of the Bellamy’s dairy company. The commercial real estate sector was the second largest recipient despite an annual decline of 51%. Significant Chinese investment also flowed into the mining and services sectors. Renewable energy projects accounted for 1% of total Chinese investments and there were no recorded transactions in oil and gas, infrastructure or healthcare in 2019. Doug Ferguson, a co-author of the report, expects Chinese investment in Australia to remain fairly subdued in the coming year.  “The impact of Covid-19 will no doubt have an ongoing influence as governments move to protect critical infrastructure and tech, and try to prevent opportunistic acquisitions of companies at undervalued prices,” he said. “Restrictions on travel have practically disabled new deal-making and due diligence activity.” However, Ferguson said a large number of Chinese companies already operating in Australia would continue to strike deals and drive trade.

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