|
REPORT COPYRIGHT VIOLATION IN REPLY
|
|
Message Subject
|
Reserve Bank of Australia Blackmailed !!!
|
|
Poster Handle
|
arkay |
|
Post Content
|
Well the saying.. absolute power...absolute corruption..!! [ link to au.finance.yahoo.com] here it is folks, one of the big 4 banks giving us and the RBA the middle finger. All I can say is VOTE WITH YOUR FEET, it cost you nothing now. My suggestion is community credit co-ops, building societies, etc, there are choices. Let these banks know how you feel about their absolute contempt...these guys are posting profits in the billions...from you!!! You don't get it, the official cash rate is not about "home loans", this is just a part of it. Its about Debt and treasuries. Banks increasing rates like this says less people are borrowing and the economy is slowing. The RBA cutting rates says they think they can't afford to pay such a high yield on future bonds because, the economy is slowing. The current Marxist regime does not want to own up for what they have done to our economy, completely fucked it up beyond all recognition. Mate I take your point and you are correct, I dont fully understand their system. But, you know what, I dont NEED to as to understand it is to play THEIR game. My approach is to "Step outside the Box" and to create OUR OWN system. Let the others stuff up, stuff around, all I would like to do is simply to step around their crap and "play" a different game. Already we can avoid the big 4 and source our financial needs from the likes of credit co-ops, building societies, and NONE of those institutions enjoy government backing, nor do the have access to "fractional" banking, which at the bottom of this entire financial crisis is THE very cause of it... so..! Nothing is impossible!
|
|
|
Please verify you're human:
|
|
|
Reason for copyright violation:
|
