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 assets (e.g. housing), goods and services.
The Reserve Bank of Australia responds by increasing interest rates in order to discourage Australian citizens and non-white non-citizens from borrowing from the banks, in order to decrease the money supply in Australia, since less money is created by the banks out of nothing when they lend and since the money supply decreases when existing borrowers make principal repayments and money is thereby destroyed.
(Instead of increasing interest rates in order to decrease the size of the money supply in Australia, the Reserve Bank of Australia could simply direct the banks in Australia to lend less money as multiples of the incomes, profits and operating surpluses of the citizens and non-citizens, businesses and not-for-profit entities, to whom and to which the banks in Australia lend.)
As a result of the money supply in Australia decreasing, economic activity decreases.
All of this could be avoided if the Australian federal government did not allow non-white immigration into Australia.
Every recession in Australia has been characterised by an increase in interest rates and a decrease in lending by the banks, which have been preceded by a dramatic increase in non-white immigration into Australia.
From 1978 to 1982 inclusive, in the order of 400,000 non-white immigrants moved to Australia.
From 1986 to 1990 inclusive, in the order of 600,000 non-white immigrants moved to Australia.
white-alliance.blog/australia-population-and-demographic-data-1900-to-2021/
I do not have the figures on how much non-white immigration there has been into Australia in 2022 and 2023 so far, but it is presumably a lot, because economic activity is once again decreasing, not increasing in Australia, as a result of non-white immigration into Australia.
The purpose of recessions in Australia is to make white Australian citizens poorer so that they are less likely to dominate Australia in a socio-economic manner and thereby influence their fellow white Australian citizens to drive Jewish (i.e. Edomitish) adherents of the Rothschilds-led synagogue of Satan (i.e. Satanists) from the Australian federal, state and territorial governments and from the Australian federal, state and territorial public services, in order to fix the problems inflicted upon them by these Jewish (i.e. Edomitish) adherents of the Rothschilds-led synagogue of Satan (i.e. Satanists) (e.g. non-white immigration into Australia) and thereby improve the quality of life of white Australian citizens.