By Andrew Mackinnon
Non-white immigration into Australia causes an increase in demand as non-white immigrants bring their existing wealth to Australia or borrow from the banks to increase their purchasing power and increase the money supply in Australia, since banks in Australia create money out of nothing when they lend.
This increase in demand and subsequent increase in the money supply in Australia causes inflation of the prices of goods and services.
By Andrew Mackinnon
Last updated: 16th December, 2022
“The Jewish people as a whole will be its own messiah. It will attain world dominion by the dissolution of other races, by the abolition of frontiers, the annihilation of monarchy, and by the establishment of a world republic in which the Jews will everywhere exercise the privilege of citizenship. In this New World Order the children of Israel will furnish all the leaders without encountering opposition. The governments of the different peoples forming the world republic will fall without difficulty into the hands of the Jews. It will then be possible for the Jewish rulers to abolish private property, and everywhere to make use of the resources of the state. Thus will the promise of the Talmud be fulfilled, in which it is said that when the messianic time is come, the Jews will have all the property of the whole world in their hands.”
By Andrew Mackinnon
Last updated: 1st July, 2022
When any bank in Australia lends for any purpose, it creates the money that it lends out of nothing and charges interest on it, which causes the size of the money supply in Australia to increase by the amount of principal loaned.
By Andrew Mackinnon
Last updated: 24th November, 2021
The way to create jobs in Australia is not for the Australian government to predominantly spend billions of dollars on infrastructure projects, thereby creating a disproportionately small number of constructions jobs and associated administration, accounting, management and other jobs, while delivering excessive and undeserved super profits to the entities which deliver the infrastructure projects, such as Australian companies, all at the expense of taxpaying Australian citizens.
By Andrew Mackinnon
Last updated: 3rd January, 2022
Australian Prime Minister Scott Morrison, Queensland Premier Annastacia Palaszczuk, New South Wales Premier Gladys Berejiklian and Victoria Premier Daniel Andrews have all lost the confidence of the Australian citizens who they govern. It’s only a matter of time before they’re all replaced.
By Andrew Mackinnon
Last updated: 18th February, 2023
High house prices in Australia are caused by…
By Andrew Mackinnon
Last updated: 1st July, 2022
The economy in Australia was going very badly last year before the bushfires started that the government lit to distract attention away from the failing economy and before the latest Coronavirus hysteria to provide a scapegoat onto which to project the blame for the failing economies all around the world. In Australia, the banks create money when they lend and then charge interest on it. This is the same in most countries around the world. However, the citizenry is waking up to this scam and is therefore reluctant to borrow from the banks. This has caused the size of the money supply in Australia to decrease since money is created when the banks lend and since money is destroyed when principal lent by the banks is repaid. As a result, there is insufficient money in circulation to support economic activity in Australia. This is why the economy is languishing.