Newstopia explains the Reserve Bank

Newstopia explains the Reserve Bank

UPDATE 2009-01-13: 50000 views! Thanks to everybody for their contributions. UPDATE: The day this video got picked up by a integrate of blogs in a USA as well as Canada was, coincidentally enough, my birthday. we can’t give sufficient interjection to everybody who has enjoyed a video so far. Spread a word! “Shaun Micallef” (Shaun Micallef) as well as “Tony Froth” (Nicholas Bell) insist a purpose of a Reserve Bank of Australia as well as how to carry out inflation. This was taken from a TV uncover “Newstopia” (Season 2 …


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25 Responses to 'Newstopia explains the Reserve Bank'

  1. timtufuga - December 20th, 2009 at 4:37 am

    Ask Khemlani!!!!

  2. timtufuga - December 20th, 2009 at 4:37 am

    Oh, so true!!! Damn Heath Robinson control filibusterer PRICKS.

  3. Erod154 - December 20th, 2009 at 4:37 am

    This is just to damn good

  4. AaronGNielsen - December 20th, 2009 at 4:37 am

    @thtshtsbutiful: Which of us are you talking about?

  5. thtshtsbutiful - December 20th, 2009 at 4:37 am

    you might possibly be one of the stupidest people in Australia. care to explain why you think that??

  6. zeusvalentine - December 20th, 2009 at 4:37 am

    brilliant!

  7. Zarathustra06 - December 20th, 2009 at 4:37 am

    cunt!

  8. bobbyb1978 - December 20th, 2009 at 4:37 am

    Funny vid. High interest rates leads to lower housing prices though, not higher.

  9. biglooneytic - December 20th, 2009 at 4:37 am

    lol! i love shaun!

  10. afteq - December 20th, 2009 at 4:37 am

    But that’s so archaic. “Crucify them”

  11. AaronGNielsen - December 20th, 2009 at 4:37 am

    I think we all want fair punishment for unfair action. If I’m shopping and I steal something, I go to jail. If I’m a banker and I steal something, I get the top job at the RBA.

    I didn’t take arcane1977 literally about hangings (since I don’t support capital punishment), but I would love to see the central bankers publicly humiliated somehow. We don’t need to kill them: putting them in stocks and letting us throw rotten vegetables at them should suffice. :)

  12. afteq - December 20th, 2009 at 4:37 am

    Until you get falsely charged for high treason agaisn’t the Queen or some other head of state and are then hanged nearly dead, drawn and quatered, if you’re lucky you just hanged. Still want hangings?

  13. nervs777 - December 20th, 2009 at 4:37 am

    fuck tony frof, cunt

  14. doctawho42 - December 20th, 2009 at 4:37 am

    Also, giant picture of the map of Australia behind the presenter, hint?

  15. doctawho42 - December 20th, 2009 at 4:37 am

    Satire is serious, that’s kinda the point.

  16. PontiffMystic - December 20th, 2009 at 4:37 am

    OolTube, you mix, and match deflation, and inflation. Falling prices are just falling prices. Deflation is not inherently a bad thing, because it could simply mean that the money can buy more, or has more buying power. Inflation in money supply creates higher prices, stable money, prices simply get cheaper, because the existing money simply increases in value. Same reason why few US dollars can buy a lot more than any other currency of the same number. Things cost cheaper back then, than today.

  17. nervs777 - December 20th, 2009 at 4:37 am

    cunt

  18. AlpinKirkonen - December 20th, 2009 at 4:37 am

    “cunt”

  19. slackologist - December 20th, 2009 at 4:37 am

    Gotta love Shaun. Brilliant!

  20. makkertakker - December 20th, 2009 at 4:37 am

    too much! far to funny! how sad it is people dont understand the evil of the fed bankers

  21. arcane1977 - December 20th, 2009 at 4:37 am

    Reserve Bank is a criminal corporation. An illegal one at that. We need a good ol’fashion public hanging me thinks.

  22. Azurenai - December 20th, 2009 at 4:37 am

    It has become a sad state of things, when comedy is the only truthfulness left

  23. TheAxeman757 - December 20th, 2009 at 4:37 am

    misinformation?? anyways…iamgabrielf fails to realize that wages do not keep pace with rising prices, not to mention the windfall involved with inflating the money supply. the people who receive the money first- the big banks, reap their share of the profits before the the money trickles down to the consumer. by then the economy has adjusted to the oversupply of money and the small guy is left working his ass off to buy less. END THE FED. as evil as history will allow.

  24. smurfmanhybrid17 - December 20th, 2009 at 4:37 am

    and yes its also satirical so dont take shit so seriously!

  25. smurfmanhybrid17 - December 20th, 2009 at 4:37 am

    actually iamgabrielf inflation IS an increase in prices over a given period. it can be caused by printing too much money, or it can be caused by excess demand, or lack of supply.
    the consumer price index (CPI), for instance, is the most common measure of inflation and it is calculated by averaging the increases in cost of a “basket of goods” eg. grocery items, petrol, tvs… etc. over a selected period.


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