Honest Government Ad | the Reserve Bank of Australia
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- Опубликовано: 22 сен 2024
- The Reserve Bank of Australia has made an ad, and it’s surprisingly honest and informative.
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👉 CREDITS
🔹 Produced by Patrons of The Juice Media
🔹 Written by Giordano for The Juice Media
🔹 Acted by Ellen Burbidge: / ellenburbidge
🔹 Voice by Lucy
🔹 Thanks to Richard Denniss for expert advice
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INLFATION 🤦♀Amazing how you can rewatch something 60 times and still miss the massive red typo. As always, thanks to all our Patrons who make the Honest Government Ads possible. If you wanna help us keep governments (and banks and regulatory agencies, and airlines - but not spelling) honest, and can comfortably afford to, you can join them here 👉www.patreon.com/thejuicemedia PS. One of our Patrons suggested putting the authorised by message from this HGA on a mug. There was too much text for a mug so we made a Limited Edition T-Shirt instead! 👉shop.thejuicemedia.com/collections/subcommittee
It’s been LONG overdue ☝️😆
Insert any central bank
An honest ad on Aussie shitheads who "*do fuck all about anything*", perfect
It has been long ever since your honest government ads! I love them so much!!
Let’s hope they don’t raise interest rates again 💀
“Instead of politicians, let the monkeys govern the countries; at least they will steal only the bananas!”
― Mehmet Murat ildan
At the end of the day, it would be almost the same.
A bunch of fat, stinking primates scratching their asses, hurling shit at each other.
The only difference? Bananas, not $$$
Actually a study has shown how even monkeys can grasp the concept of money going through a system so politicians 0 - monkeys 1
Some of ours eg Howard had control of interest rates and made a bigger mess. Keynesian Eco theory is effing crap. The big diff between 40+ years and now is we got payrises back then. Interest up, everything else up, inflation up the Reserve Bastards n Arseholes jus don't get it.
@@Zuluknob vice President uck uck responded by throwhing his poop at the camera
@@ZgermanGuy. the minister of the food and drug administration, squadalabadudu, after a reporter asked what is he going to do about the food shortages due to massive heatwaves, stole his sunglasses, climbed up a tree and fucking killed himself
I wish more australians would pay attention to this kinda stuff, yeah it's confusing and boring, but they run the world until we do something about it.
Problem is that 67% of Australians are homeowners, so most of them would do the jiggle jiggle. Their wealth is in their properties and they would never want those prices to come down just so that those without a home could afford one. You might say, that if the only house they own is the one they are living in, that they don't really profit from these price increases, but you have to think of the day they will need a caretaker and go to a retirement home, those are expensive. And if not that, it's the thing they will pass down to their children, for generational wealth, while those who won't have a property to inherit will look stupid.
We are in this situation because it's in human nature to be greedy and selfish and to think of your own personal benefit instead of working towards a just and equal society. If you owned a house and had to sell it, would you sell it to an affordable price to a young family in need, or give it to the wealthy investor who can pay more than double in cash? be honest with yourself, because most people would choose the money bag.
Cannot agree more. I must say though, I would have considered myself as 'political illiterate' up until recently. Understanding the unique economic and political situation Australia is in currently is, I found, not only confusing but often sad and infuriating.
And Brits. And Americans. You see all those flags they put up there on the graph showing Australia is 'the worst'? Yeah check the percentages on the left. the lowest number on that graph was about 90%. Same causes, same policies, same period of time, funnelling upwards of wealth. *And people keep voting for it*
If housing - a necessity - costs so much that people can't afford it yet big-landlord corps and investors are making money hand over fist... then there is profiteering going on. Every policy which 'enables' people to afford those prices is just fuelling those profits, and growing the debt. Debt that is owed to *international* banks. When a country is in debt, remember that *other countries* own those debts. That is power we are all just... handing away or multinationals and thanks to the Almighty Market Forces we don't actually get to control who really owns those multinationals, because it tends to be open trading on the stock market and there's all manner of mechanisms for some shady financial conglomerate via a bunch of other shady financial conglomerates that they own to swoop in and suddenly own something behind the scenes and no-one really be any the wiser because it *looks like* five unconnected corps have major ownings and following the trail back to who really owns *those* is impossible.*
Anyone remember when high school maths lessons used mortgages to explain compound interest, and how you'd conclude basically never try to borrow more than 3 times your income? Remember how that went to 4, then 5, and now we just talk about how governments can help you get a deposit to the point a bank will even consider giving you the mortgage? You know why they need those huge deposits? Because they've not changed the % property value they'll accept as a deposit *because the risks of the loan are bad*. So now we have govts underwriting the *deposits* from our tax money in order to saddle *us* with the debt and interest. So what few taxes rich people pay on their actual incomes (i.e. stocks and shares, not salaries) are basically used to make it possible for the rest of us to be in debt... to the same rich people who are then giving us loans.
This is the case in *all* the hypercapitalist economies where these policies have been allowed to take root and become received wisdom. I.e. in countries where market forces are the dominant religious ideology of the wealthy and political class. People are worried about socialist ideologies and dogma - and rightly so, all dogma is bullshit and to be challenged wherever possible - but those aren't the ones causing mass debt on a global scale whilst a tiny proportion of people and corporations get *fabulously* wealthy.
It's not all driven by housing but its all a very very similar find the lady shell-game. Remember: the markets rely on confidence. Key prefix 'con'.
*basically this is the AI trap also: its a black box you can't unpick or validate that sounds extremely confident and we just what... trust it?
@@maythesciencebewithyou bang on the money...gotta love people who want as much profit as possible but ask how their grandkids will afford their own homes.
It's called being Woke!
Government by the rich for the rich seems to be popular all over the world. What a time to be alive!
Vive la révolution
This is why we need to end big governments. Governments is the tapeworm.
And people still say we should vote labour if we care about the common man.
Don't remember the last time "labour" had anything to say about casual working conditions, wages or any of the shit their name would suggest they ought to care about.
@@SineN0mine3 If you listen to Juice Media, they love 'Equality for all' and the other catch phrases chanted by the North Koreans and the Australian Green Party.
Plutocracy for the plutocrats has been the norm for thousands of years. Strangely, the alternative is largely considered evil, immoral, impossible...
‘My money don’t jiggle jiggle’ had me crying with laughter! 😂😂😂
don't worry i'm sure it will all be better when we the peasants vote in labour in aus, liberals in canada, and the democrats in the u.s.
Same.
Same 😂😂😂
Imagine if governments were about helping citizens and not corporations
Move to the Nordics. We did and couldn't be happier!
Ironies of late capitalism.
Like PRC.
i feel like the solution to wealthy elites ruining every country isnt to flee to the 3 countries where that hasnt happened yet until it finally does there too...
What a great......Fantasy!
Your ability to analyze pure evil into educational political satire consistently amazes me. You all fucking rule.
"Educational" is a strong word for this...
More like kategeeping
@@st3pwise Tf? They're not gatekeeping anything. They're doing quite the opposite.
@@wizard0078 Sorry, the rabbit hole goes way deeper than this.
@@st3pwise tell me
As a young adult, this just makes me feel more depressed about my future. Great video as always.
funny that people want an extre couple of hundred grand on their house but say 'how will my grand kids afford houses in the future'...aussies treading on aussies thanks RBA.
@@Melodmaniac7 fear not UBI and social credit will save the day just don't step out of line and we'll make sure you scrape by.
capitalism is a bad system.
@@truthbetold2012 UBI is a stupid attempt to prolong capitalism.
I hate to tell you, but you already have a social credit score, it's called a credit score.
@@Melodmaniac7 Personal choice makes no difference.
The problem is capitalism itself.
It needs to go.
We need a full version of 'My money don’t jiggle jiggle', I nearly spat out my coffee with laughter! 🤣
You are such an intellectual piece of dirt. Real life Brian griffin LOSER
I don’t live in Australia, but much of this rings true about western govts in general, so I have no doubt it’s bang on!
Governments in Western countries have been greedy middle men for over 50 years. The effects being felt today are just symptoms of decades old financial and social policies.
The whole world is adversely affected by the tapeworm that is big government.
Juice Media advocates for no private property ownership, and all centralised control being handed to the WEF and UN. They are a front for Socialist groups.
yeah, the effective negative interrest rate have been common all over the west the last 20 years. Printing money for the rich for some reason..
For housing, it's a very Anglosphere problem.
You can see how in other countries (also in continental Europe), the problems they have are so much less, proportional to us, because of so many reasons.
The comparison is that, if they had our policies (like strict zoning), they would be way more unaffordable & unsustainable than us
Thanks for making this video. As an Aussie young person being 25 I have been working full time for 7 years, putting everything I could aside to get out of home and buy my own place. My parents weren’t money savvy, but I really wanted to break that cycle. Set myself up and create a safe place I could start a family.
The RBA’s complete dismantling of younger persons wealth has made it practically impossible to purchase property, and if you are lucky enough to lock down a sale you can’t do that without saddling yourself to mountain of debt and live pay check to pay check.
Because of the commitments I made back in 2016 I am probably better off then a lot of young Australians, but my dream of being set up financially to have a secure and safe life has gone out the window.
I did manage to find a block of land and I payed the COVID inflated mark up price, but I was unfortunate enough to purchase it two weeks before Russia invaded Ukraine.
I am negotiating with banks to try and get a 40 year loan term to build a two bedroom, one bath and at every stage I am getting pushed back.
I’m so glad that your video touches on the inadequacy of the Australian government in all of this. They could absolutely be doing more, but they just shift blame, to the RBA, who in-turn shifts blame to global disasters, when they know full well they have the power to make economic change.
I now understand when that when the RBA talks about economic prosperity for Australians, my group is not the Australians they are talking about.
The people who hoard property have their assets protected from affordable living standards , the rich stay rich and sure do get richer, and the gap widens.
I thought I could make something of myself if I tried, but it is clear that I don’t have the power to decide that.
It’s about time some of these Government bodies are held accountable for their favouritism and blatant self interest. They do not work for the people.
Greedy corporations, Greedy governments, Greed all the way to the top.
But hey let’s vote in another well off old guy, maybe he might realise a generation is being destroyed.
And yes, most of all, f**k the Scomo government.
Best thing to do in this climate is hold that block, stay with mum&dad, help each other till things cool down, depending on your asset, you may be able to sell in a few years, or use it as equity to buy an older house and renovate it, even if it delays your plans, stay focussed, i was told when i was your age id never be able to buy a house.....i own my home, i was lucky enough to get it all done before the conjob prices, but you can get a 3 bed house still for $300-$400, you just might have to buy in the country, as the area develops your house price increases and bang! Your now in the market for an upgrade, thats how many people do it.
But well done to get your block at your age in these times! Just dont be in a rush to build that house, even if you got a loan, build delays, material costs, its a killer.
labors the only party that works in the common persons interest, if you want info watch some of friendly jordies videos he does great reports on corruption in australia
@@xoslasher-_--5786 lets hope they can help axe this cash ban bill.
@@xoslasher-_--5786 lol, The housing bubble could have corrected under labor during the GFC. But they played the same game. printing 250 billion to keep the housing bubble going. Friendly Jordie celebrated the money printing at the time. He is not always correct.
Feeling your pain in Canada too. I swear these bankers and politicians are all in cahoots against us.
We're in a post-national world. The only things that matter are vehicles of wealth and the government is simply there to have a monopoly on power to enforce the agenda of those vehicles to appear legitimate.
I suspect worse, that they don't give a damn. They just do whatever is most convenient, to hell with the consequences.
You only think that's how it be because that's how it be.
It's called the Great Reset, get ready for the rollout of the CBDC
They gov , bankers and other industrialists are all in this together, we on the other hand are all in this together being royally screwed
As an American, this is actually relatable 😂
Prices on houses are inflated beyond belief.
Tell me about it...Up here, in Canada, in some places a 2 bedroom townhouse costs the same as a castle over in Europe. Not even joking, literal castles.
My wife and I both work full-time and have no kids, and we still spent almost 2 years watching our house out-earn the both of us.
I moved from SWFL (Fort Lauderdale area) to Pattaya. To tell with 3k for a studio apt in the hood.
Not to mention fkin 50 dollar a sheet plywood. Id bet money WW3 is gonna be a global civil war...if i had a fkin dollar left to my name....fml.
That's due to government regulation and NIMBYs
These are so good and funny and depressing and I want to cry.
A rollercoaster of emotions, I'm sure you'll agree
But she says it all with a smile.
Agreed. Well put. 😊
Just wait till you reach 50. Parents die. Friends die. Become more alone. Less attractive. health problems. Thats depressing. we dnt live long
Legends all of you. As retirees living off only what we saved whilst working, we both got tossed onto the scrapheap at 60. Its not just young people who get screwed over, its the working poor. Great "ad" as always guys. 👌✌️
You managed to save something? Well done!
60 you lucky buggers! Don't worry they'll keep putting that age up till most of you die before they have to give your pittance of a pension back like the uk......
Same here. Those of us who worked hard, did the right thing AND were lucky enough to honestly squirrel away a modest retirement fund are also being screwed royally.
It's everyone but the rich that gets screwed, because it's the rich that fixed the system.
@@simonolsen9995 but are you paying 2 grand a month on rent?
The housing trap is the biggest problem for young people here in the UK too. The boomers own everything and young people are paying through the nose on rent with no hope of also saving the best part of a hundred grand needed to get on the mortgage ladder.
As a Canadian, this resonates with me so well.
Yeah, seems you were equally f**ked in Canada, sorry to hear bro
I'm a US citizen and aside from the slang specific to down under, it perfectly describes the current "situation" in America right now.
This is true for every single country.
G'day esparda07, It resonates with you because the Canadian government and its Rothschilds controlled Central Bank defrauds, impoverishes and enslaves Canadians just as the Commonwealth government corporation and it's RBA subsidiary corporation does to Aussies. To be truly educational this video needs to clearly state the worst aspect of the CON. Governments collude with banks via the RBA to FORCE Australians to USE the bankster's debt tokens i.e. digits they type into borrowers' bank accounts and fraudulent say it's money. It isn't. IT"S NOTHING, digits in the ether. This gross fraud and theft is FORCED on Australians because the government Treasury doesn't issue real, asset backed, interest free money which is its primary duty. Nothing will change until and unless the general population acts to stop it. Think about it. Banks don't create or lend money, they just type amounts into "borrowers" accounts (and call it fractional reserve banking) and then demand that the "borrowers" pay them that amount PLUS compound interest! That's worse than highway robbery. At least other counterfeiters don't demand compound interest on the FAUX money they 'pass'. The federal government is COMPLICIT in this deception and theft because it refuses to issue the money needed by everyone to live, i.e. to socialise and exchange goods and services. The Treasury issues less than 3% of the money in circulation. WORSE YET, the government is an integral part of the scam because it has created a subsidiary corporation , the RBA, to licence private banks to pretend to issue money via their fraudulent fractional reserve banking scheme AND then the government uses FORCE and VIOLENCE, i.e. the police, courts and prisons to force everyone to use the fraudulent digits the banks pretend is money and to pay for it with their REAL efforts and labour PLUS compound interest on that counterfeit currency.
Ron
@@irtwiaos The sad thing is that there a few countries where the government appears to help it's people they exist purely to make the rest of us feel miserable ...
I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the Australia dollar or is this a good time to buy gold?
It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.
Many people underestimate the importance of advisors until their emotions lead to negative outcomes. I remember a few summers ago, after my long divorce, I sought the help of a diligent license advisor. They greatly assisted in boosting my business, increasing my reserve from $175k to around $350k despite inflation.
@@hasede-lg9hj Please pardon me, who guides you on the process of it all?
The adviser I'm in touch with is Vivian Carol Gioia. You can use something else, for me her strategy works hence my result. she provides entry and exit point for the securities I focus on.
so, who sets the value of gold?
& how would one buy a bag of spuds with a bar of gold in one's hand?, exactly?
😂😂😂 the fucking jiggle I'm dying. Another banger from the juicemedia team. Keep doing great work ❤
Ching Ching Money . I like my money to Wiggle and Jiggle LOLO
This might be one of the best Honest Ads yet. Thanks Giordano and team!
Albo announced 6million to help African Sudanese migrate to Australia to escape War. Thank you for supporting the cause. More people in Australia is the solution to housing crisis. Hahahahahahaha
These are one of my favorite pieces of content on the internet. I live in a totally different country, but I can relate to almost everything.
Juice Media advocates for no private property ownership, and all centralised control being handed to the WEF and UN. They are a front for Socialist groups.
Perhaps you should understand the real politics of Australia before you comment on a political add in a country thats not yours🇦🇺
@@SF-pq3sq perhaps you should understand that these bankers and politicians are one in the same regardless of country.
@@HypocritesExposd nope the reserve bank in Australia is independant it is this fake online liars that are trying to destroy that. In fact the honest government adds are supporting a polirical party that has always caused damage to the economy. The reserve banks responds to policy and because it is poor so goes the economy as has happened under every labor government in Australia. They want to control the reserve bank so they can control all policy in other words a central all controling government. You know the type i mean they have one in China Nth Korea Iran Russia they even had one of similar description in Germany Japan and Italy 80yrs ago. The results will be the same globaly.🇦🇺🇬🇧🇺🇲
True, reserve Bank of Australia or reserve Bank of India, we are being screwed over..
When the videos are so good that you watch them even if you don't live in Australia
We really need a full 'my money don't jiggle jiggle' juice media remix! And then a 10 hours version of that.
10hrs of Jiggle Jiggle LOFI to accompany your existential crisis.
No. You need a life.
Agreed!!!
A friend told me that at their uni during globalization classes they had a lecture about "climate villains", Australia was the prime example and the professor apparently showed a video of yours. Guess the videos are now officially educational too :p
At 3% of global carbon emissions, Australia could go back to the Stone Age and it would do fuck all to global carbon emissions. Yet I don't see anyone protesting outside the embassies of China and India which make up over half of global carbon emissions
Globalization classes, WTF?
I'm kinda if reminded of lesbian dance theory.
Could you tell me what the degree is actually called?
No doubt they'll have a cry when they can't get a job and have a heap of hex debt too.
The circle continues.
highly educational, they should be public service announcements!
@@dim2389 lol, by name and nature ae?
A bit strong on the hyperbole there @Dim, if "All Universities promote liberal and left wing culture", where have the last 40 years of 'neo-liberal' business, economics and politics graduates come from?
@@dim2389or....they are tought those views at Uni.
You'd be better to look up 'nominative determinism' ;-)
LOVE these honest government ads. We need more!
Albo announced 6million to help African Sudanese migrate to Australia to escape War. Thank you for supporting the cause. More people in Australia is the solution to housing crisis. Hahahahahahaha
It would be good if it was accurate instead of being based on media headlines.
“The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. For this to occur, wages growth will have to be materially higher than it is currently. This will require significant gains in employment and a return to a tight labor market. The Board does not expect these conditions to be met until 2024 at the earliest.”
Equals: RBA will freeze rates till 2024 (headline). The RBA never promised rates would remain fixed. I guess the people make these meme ads must be DAF as the rest of the plebs. There is no such thing has "honest" anymore. Everyone's is pushing their own narrative. The media and these idiots are pushing that raising rates is harming poor people - but this is a lie.
This is actually the best thing the RBA has done for young people, but they have been gaslit by the media to think the RBA is harming them lol.
@@BSenta Were you aware of 6Million Albo will pay towards saving African Sudanese migrants escaping war. Helping them migrate to Australia with no plans to save housing crisis for regular aussies or new housing for these migrants. The media is telling the truth. Refusing to accept labour spending habits is accepting spending behaviour towards higher inflation.
So your solution is to give more money to the unemployed who refuse to a normal job or trade? A couple fare points and a lot of BS.. if house prices were not what they are .. 50% of Australia's middle class would be broke.. how do you think the last 2 generations educations / lifestyle / cars have been purchased.. the equity in the home has paid for these things and more...
@BSenta Your assessment would be accurate ... if inflation were due broadly to wage increases. Presumably, in Australia, like in Canada and America, inflation is more due to increased profiteering from corporations than wage and input costs rising.
Interest rates mostly affect employment rates. This fights inflation by preventing workers from anything but meager yearly gains by preserving the unemployed as a reserve army of labour. Where workers act collectively, these desperate souls undermine the bargaining power of workers.
Want to reign in inflation? Bring in greater economic controls over basic life necessities and housing. That's it. It's simple, but not easy. The working class can't afford much in way of lobbyists, and govt fat cats have grown accustomed to only scratching the backs of those who scratch back ...
"my money don't jiggle jiggle, it folds"
Us from Austria (the one without the kangaroos) have the same issue. My dad asked me when I'll buy a house I told him probably never. ;D keep up the work hope you do one vid of Austria one day. We got tons of great stories!
In Luxembourg, it’s the same: although my wages are well above the minimum wages, I cannot buy. An apartment can easily cost >750 000€.
@@sofiabastos7874 Come on, the tiny tax-haven in the middle of europe has it as well?
It's basically the same everywhere in the world. For instance, take Germany instead of Australia, Lufthansa instead of Qantas, basically the same oil and gas companies …
I'm also hoping they can grow their team to educate on european countries, every country deserves strong independent media 🔥
Yanks think Austria has kangaroos! Haha.🦘🦘🦘
If only ALL ads could be this funny, it would make the “mute” buttons on our tv remotes seem redundant 🤣🤣🤣
who the fuck still watches TV 🤣🤣🤣
The best part this is not just Bank of Australia ,it's every western government Bank as well
That's because they are owned by the same group of people that must not be named.
Most people don't know what the RBA does, including the people who work there 😂
...work?😁
@@noone5846 Hey, someone needs to drink those top-shelf whiskeys on business-lunches!
@@dotkaine LoL, that lobster ain't gonna eat itself. :D
What makes it worse, is they plan to put another advisory group in charge of what the Rba does when interest rates need adjusting...wtf. Pay even more people to rise rates!
I've heard rumours that they quite often open the windows in the mornings, as that gives them something to do in the afternoon.
And meanwhile I calculated my chance of being able to afford to leave my toxic relationship at precisely zero last night if I didn’t want to live in my car!
Living off a single wage would be impossible for many people, especially in the cities.
😢
I bought myself a van certain in the knowledge it will probably be my retirement home..... lucky country my arse
So sorry to hear that
I've lived in my car over 15 months now and saved 20K. Would think about putting that toward a deposit for my first home. If your citcumstances are getting you down, change them. Be happy to talk more about this if you want to 😊
You guys hands down are legends!! Love it!!! ❤❤❤
You guys should put these on national television. Start a kickstarter. Id contribute.
National television is owned by the same CAN'TS that pay the government to back such policies. As you sit back and cry enjoy a can of Sh*t or alternately Sh*t Lite... you're choice - The Government still offers FREEDUMB to the people.
"...It folds"
yep. so many people would contribute. governments would be exposed and have no choice but to change. this would be amazing if it did happen.
They have a Patreon.
Rupert Murdock would be rolling in his grave! Oh wait......
I’d pay money for that!
This is too true, of all the shitfuckery they talk about that happens in Australia, this is the one that's hit the hardest for the everyday Australian. The cunts actually raised the interest rates 10 times and every time I see a letter from the bank in my mailbox I want to torch that Reserve Bank of Australia building more and more.
Once again, great credit to you guys for spreading awareness of this, someone seriously needs to do something about it
The Central Bank pivots the RBA has no choice, these guys are on point with some stuff but not that. Sneaky disinfo
It's not the RBA fault you bought an overvalued property, how about I come torch your house instead for keeping this property bubble going
True - making us fight inflation when it’s not even consumer-driven. As evidenced by the fact that a year of rate rises hasn’t brought inflation down… 😡
So you blame others for your shit decision to borrow too much? Yet you’d be patting yourself on the back if you’d made squillions and others missed out. Ok. No sympathy
We should all take a good example from France and show these power-hungry maniacs their limits!
You guys are the best :).
Viva La France
Maybe the bastards can see it coming. Look at the new anti-protest laws in many states. e.g. up to $20,000 fines and 2 years gaol for disrupting traffic.
So, we should totally trash or cities, stop the economy and achieve absolutely nothing doing that?
You know, the government hasn't backed up on the retirement age law.
LOL Aussies are too laid back to protest like the French. As long as there is a beer in the fridge and footy on the TV nobody can be stuffed making things better.
@@TheAllMightyGodofCod Either you take what’s yours or the current situation will get worse.
Nothing like a new juice media video to make you cry and laugh at the same time
at least they ake me laugh at my tears ... and my bank balance..
Q:who owns the RBA?
A: the CBA
Q: who owns the CBA
A: 1911: The Commonwealth Bank of Australia is created as a government-owned trading and savings bank
but you know, the CBA is now a private company. (google it)
so, who owns the RBA??????
please, WAKE UP
"My money don't jiggle jiggle, it folds... it makes me wanna wiggle wiggle, you know" - I want this as my ringtone!
Try to live in Hungary... :D it makes you laugh, angry, cry and at the depressed at the same time.
It's not only Australia. It's the whole world!
As a 40+ year old adult, this just makes me feel more depressed about my future. Great video as always.
living with parents still is worst :/, no way im going into 500k ++ debt to buy a house tho the bank told me i could have only 350k lol anyway
🍻
Same
If it makes you feel any better, you really don't have a future!
Now you've nothing to be depressed about! 😅
*sobs with you*
@@TragoudistrosMPH
Everytime my kids ask me about how the government works, I play one of your videos to them 😊
So you're not concerned about your kids possibly learning a few "bad words"? 🙃
@@willpugh-calotte2199 they'll pick up the words as they grow. I might as well be the one to introduce the words lol But, joking aside, they've been pretty good with bad words. I haven't received any complaints from their teachers or other parents. Fingers crossed they stay that way 🙂
@@willpugh-calotte2199 some cursing doesn't do harm. Terrible people do. People tend to mix it up.
Albo announced 6million to help African Sudanese migrate to Australia to escape War. Thank you for supporting the cause. More people in Australia is the solution to housing crisis. Hahahahahahaha
Prananda Navitas Same 😁
It's a good day when juice media uploads
Can't wait for Giordano's commentary!!
Albo announced 6million to help African Sudanese migrate to Australia to escape War. Thank you for supporting the cause. More people in Australia is the solution to housing crisis. Hahahahahahaha
All these ads are BRILLIANT WELL DONE
😂 gold! This needs to be on national tv for education through humor, how to prepare yourself and learn about the real world
Juice Media advocates for no private property ownership, and all centralised control being handed to the WEF and UN. They are a front for Socialist groups.
This video 100% applies to the USA, just change the names mentioned.
I disagree. To be truly educational the video needs to clearly state the worst aspect of the CON. Governments collude with banks via the RBA to FORCE Australians to USE the bankster's debt tokens i.e. digits they type into borrowers' bank accounts and fraudulent say it's money. It isn't. IT"S NOTHING, digits in the ether. This gross fraud and theft is FORCED on Australians because the government Treasury doesn't issue real, asset backed, interest free money which is its primary duty. Nothing will change until and unless the general population acts to stop it. Think about it. Banks don't create or lend money, they just type amounts into "borrowers" accounts (and call it fractional reserve banking) and then demand that the "borrowers" pay them that amount PLUS compound interest! That's worse than highway robbery. At least other counterfeiters don't demand compound interest on the FAUX money they 'pass'. The federal government is COMPLICIT in this deception and theft because it refuses to issue the money needed by everyone to live, i.e. to socialise and exchange goods and services. The Treasury issues less than 3% of the money in circulation. WORSE YET, the government is an integral part of the scam because it has created a subsidiary corporation , the RBA, to licence private banks to pretend to issue money via their fraudulent fractional reserve banking scheme AND then the government uses FORCE and VIOLENCE, i.e. the police, courts and prisons to force everyone to use the fraudulent digits the banks pretend is money and to pay for it with their REAL efforts and labour PLUS compound interest on that counterfeit currency.
Ron
It's *extremely* pleasing to see you rip into the ALP. It's all too easy to do that with the LNP even though they aren't in power anymore, but the ALP still need to do far better than they have.
Keep on their case please.
Totally agree. ALP are a centre right party now not even centre. So sad.
@@briancrowther3272 absolute 🤡
Problem is it has been a long time since any Labor politician has personally been earning less than $100 K. This makes it difficult take actions that may adversely impact “workers” investment properties, share portfolios, and future board positions / consultancy opportunities
LibLabs, One Nation and Greens - alternative routes to the same destination.
@@BoxofficeForney6969 Have you considered looking into the Australian Democrats or any other political party which you allign with as that alone makes a huge difference for most of these minor parties when running for seats.
Holy crap, this has to be one of the best ones yet. Just... GOLD. You folks are just brilliant. ❤
However, this video fails to mention the biggest aspect of the CON. Governments collude with banks via the RBA to FORCE Australians to USE the bankster's debt tokens i.e. digits they type into borrowers' bank accounts and fraudulent say it's money. It isn't. IT"S NOTHING, digits in the ether. This gross fraud and theft is FORCED on Australians because the government Treasury doesn't issue real, asset backed, interest free money which is its primary duty. Nothing will change until and unless the general population acts to stop it. Think about it. Banks don't create or lend money, they just type amounts into "borrowers" accounts (and call it fractional reserve banking) and then demand that the "borrowers" pay them that amount PLUS compound interest! That's worse than highway robbery. At least other counterfeiters don't demand compound interest on the FAUX money they 'pass'. The federal government is COMPLICIT in this deception and theft because it refuses to issue the money needed by everyone to live, i.e. to socialise and exchange goods and services. WORSE YET, the government is an integral part of the scam because it has created a subsidiary corporation , the RBA, to licence private banks to pretend to issue money via their fraudulent fractional reserve banking scheme AND then the government uses FORCE and VIOLENCE, i.e. the police, courts and prisons to force everyone to use the fraudulent digits the banks pretend is money and to pay for it with their REAL efforts and labour PLUS compound interest on that counterfeit currency.
Ron
They're fucking stupid. They don't have a fucking clue how monetary policy works. Just populist bullshit.
This is equally true in Sweden. Those that could afford buying a house the last 5-15 years basically printed their own money by not having to pay for the money they loan. And the house prices increased incredibly fast because of this, effectively locking out anyone that didn't already have enough money in the bank in the first place. And now the inflation is making our salary and savings, which wasn't enough before to catch up with the house prices, worth even less.
I know someone who tried buying a 2nd house for the last 20 years and bank said no, until Covid (stupid low interest rates). Then bank said yes. So he sold his original house and paid off both mortgages - all this with a modest income raising kids. It was one of several things that happened to him (all good things) during a time when everyone was losing heart, fearing dying of a flu, and the list goes on. Be sober and alert. Trust in Jesus and get your life and eternal destiny in order first. Jesus said: "It is easier for a camel to go through the eye of a needle than for a rich man to enter into the kingdom of heaven." The "Eye of the Needle" was indeed a narrow gateway into Jerusalem. Since camels were heavily loaded with goods and riders, they would need to be un-loaded in order to pass through. Therefore, the analogy is that a rich man would have to similarly unload his material possessions in order to enter heaven.
I always watch your videos, and as a South African, you make me feel a little bit better about the circus my own country has become. I know its not exactly an inspiring comment, but it makes me feel a little less depressed about the state of my country and the world in general, knowing that its not just happening in South Africa.
Ditto about the shitfuckery-filled US where I'm from!
Yeah well nobody would have seen that coming..
In South Africa we are ahead of the curve with global socialism, and many of us have gone the off grid and self sustaining route as a result...outside the cities this is a phenomenal country and there is way more personal freedom than most countries...
Phillip Lowe: don't expect interest to rise until at least 2024. Interest rates through the roof well before then. Lowe: I'm sorry YOU LISTENED TO ME. Lowe is not only the ugliest cu_t this side of Malcolm Turnbull's as_hole but he is the weakest coward this side of, well, every effing thing.
Or latin America in gral too
Imagine if this was aired as an ad on tv 😂
I bet if they crowd funded they could raise the cash for the advertising slot😂
Imagine if no one watched tv anymore so they didn't have to
Australia consistently fails to give air time to its best artists and creators, this is by design since the CIA shut down Countdown, we are not allowed to have our own culture, Pine Gap gets the last say on what you're allowed to see.
@@waynetradingfutures Exactly what I was thinking. They should crowd fund it for sure.
ma money don't giggle giggle, it folds...
I think this sadly does not apply only to Australia but to most of us as well. Thanks The Juice Media for raising our awareness about the shit fuckery done by our own governments, agencies, banks, corporates, etc.
I would still say that creating artificial suburbia with an arbitrary wealth is very much a WASP thing. Granted, ironically except for Great Britain.
So true. It's all over the world
As a real estate professional for over 7 years, this is beyond accurate and true
This is defo a 'One size fits all' kind of advert.
"My money don't jingle jingle" part took me out 😭🤣🤣🤣
Same I wasn't expecting that jingle
Yeah, ngl, I replayed 0:43 a few times 😏
Thank you for eloquently saying what we are all thinking.
Australians get shafted because they are dumb gutless wonders too lazy to fight for their own lives.
If there'd be a Nobel for journalism, thejuicemedia will be winner
This woman is a global treasure.
All of thejuicemedia are a global treasure!
Simps
there's 2 of them (or is it 3 now? I can't tell them apart either), plus the voice actor.
@@penitent2401 There are at least four people who work to make each video.
@@selohcin Yep I've seen their behind the scene vid. I meant the on screen actresses and the voice actor are several different persons.
I want a full video of "My money don't jiggle, jiggle" dance. That was dope!
It was definitely a highlight.
Lol yeah I'm sure that's why
They delivered and made it a short
That is the point ,right?
ruclips.net/video/GgwnnYP7poU/видео.html&ab_channel=EllenBurbidge
I'm not even Australian and this depresses me. Thanks for the great informative video though!
You don't have to be, this happens in all governments across the world in one form or another.
Cheer up! It applies to you too..
Australia Has taken the USA model of Business and Politics. We here in states have been doing this since LBJ
Love the accent AND the clarity in the message 😂
Noone can lay it out clearer than an Aussie!
The only type of ad I would love to watch and not skip
Absolutely brilliant, as always!
Greetings from Paris.
We need you here for a couple dozen local versions.
Another ingenious masterpiece! Reverse bank of Australia! Haha, made my day, even though this is all actually very sad. We need more of this! Keep up the great work!
I love Australians, the freedom of media amazes me every time. Keep it up guys, love your work.
Yeah nah doesn't work
Agreed i always love Honest government ads ❤
R you Indian?? 💀
@@youthoobshorts2695 haan bhai
Damn, that closing line.
Sums up our government.
Everything is so delegated no one knows what anyone is doing so no one is to blame
This is why most middle management positions exist, to insulate the people in charge from the responsibility of being in charge.
Too true! I really hope some bastard goes to prison for robodebt - ideally a bunch of richly deserving pricks who need to have a taste of the anguish they caused some of the most vulnerable people in Australia.
@@resourcedragon Agree, over 2000 directly linked deaths and countless others who suffered mental and physical distress. Nothing short of mass murder which has gone unpunished and destined to repeat itself
I used to work at all council after the government sold everything off.
In a park a person would look after the park but when the government sold it. One company owned the trees, one owned the water, one mowed the grass, one owned the playground etc.
When I had a complaint against the site, I said to the lady. Good luck finding who owns what because all they'll do is pass the buck and nothing will be done with no one to take responsibility.
Privatisation worked for many small to medium businesses and failed the people who elected people to be screwed by. Only the politicians and donators won
Doesn’t that include the citizenry, you all are required to vote. At least ~70% of Americans can say they’d nothing to do with whomever got elected. The government this channel likes to schitt on so much is brought to you by 100% of Australians.
I honestly don't understand why we aren't up in arms at this point.
What's wrong with us?
Indoctrinated, selfish and apathetic
I've wondered that for about the last 20 years.
@@-opus spot on
All the ways they suggested to decrease inflation would actually increase it.
They said by increasing job seeker pay it would decrease it, which is wrong, it would arguably increase as there's more money in the economy.
Decreasing costs of childcare, would again increase inflation, as it means people have less money to spend on other luxuries. Though this may only go to a degree depending on how essential it is for each person
Taxing companies more (as much as id love to see this happen) can to a degree increase inflation as the government has more money to spend. Which is reinvested into the economy, thus increasing inflation
All around an incredibly inaccurate video which seeks to spread an agenda. Whilst I agree the RBA has done bad things, you can't tell them off for increasing interest rates when inflation is at 8%!!!!!!
The RBA really only has one viable tool, being interest rate, don't go on a witch-hunt against them just because they had to use it. (Interest rates are a viable tool, as they increase costs, thus lowering the amount of money spent by consumers, but it comes at the cost of jobs, a pretty harsh tradeoff)
Nothing really. Neo-liberalism shatters communities, indoctrinates individuality with the singular ambition of wealth generation without a care in the world, becoming a cog in the machine of wealth generation; hyper materialism & consumerism.
Besides, socialism, communism, facism failed. All the alternatives preached against Capitalism in the 19th centuries died out in the 20th. So what alternative is there? Its not that people are ignorant or naïve and require alternative perspectives, its just that there are none, and furthermore I honestly think no one cares.
Which is fine too. Life is a casino, the house winning always. Until the house burns down.
Spending 32 million dollars a day on submarines 30 years away, while 3.3 million Aussies live in poverty today. Will Australians wake up? Nah. & I don't blame them. We are as the Romans were, living with just enough bread and happily attending the circus of life, ignorant of the world.
So basically, we could potentially have the money to fund everything if we just tax the rich. But instead we're doing the opposite.
But if we tax rich people who will pay our bribes? You got to think of the big picture
Why would politicians tax themselves and the people who bribe them 🤔
Taxation is legalised theft.
But instead I've heard labour talking about raising gst to 15%
Wealthiest political donors determine policy.
We need one of these for the Australian Public. The Reserve Bank of Australia has basically one tool - interest rates. If the Australian Public weren’t so fkn self interested and voted for Shorten in the last election, he’d have had a mandate to kill negative gearing, which would have at least helped remove the core house price-pump incentive.
What a masterpiece, jeez, I would cried, if it wasn't for the wiggle wiggle
As a kiwi, these are scarily relatable
It seems to be all Western economies, except France, perhaps, but even there, they get screwed - but at least they have brioche, right?
Keep up the good fight guys. As entertaining these videos are, I love how you actually highlight what is actually wrong with this country.
What is wrong with this country is that people cannot read words and numbers and like to blame all their problems on every one else. The RBA was aiming for a 2-3% inflation before raising rates and this was stated multiple times on their website. The slump in quarterly inflation caused by COVID had largely recovered by Q1 and Q2 2021. Anyone borrowing after that and expecting interest rates to stay in a COVID-stimulus position was just being silly and asking for trouble. Maybe Juice media should make a video blaming maths and english teachers as well.
Most countries actually. Heck, the majority of the world
This channel is gold! 💛 Thank you for your honest media.
Thank you so much for letting us know what’s really going on! They make everything so complicated, run it through so many layers, that it’s hard to get to the truth, or you give up before you do. You guys make it easy and clear. For all the people saying how depressing it is, don’t give up, fight them!
who owns the Reserve? that is a rabbit hole. dig deeper than the 2mm that google will allow.
The RBA literally stated on their website the inflation rate that they were aiming for before the rates would go up every month for the last 2 years. Nobody was forced to borrow more than they could afford. Its entirely on people for thinking inflation would not ever hit target range and for asking the banks to lend them more than they could afford. Its simple maths. Since we're all about blaming others, lets blame teachers and our parents for not teaching us math.
Yes the government is run by so many lawyers that is impossible to get the truth. DontElectAnyLawyer = DEAL?
@@randomyoutubebrowser5217 Facts
@@randomyoutubebrowser5217 it is also still true however that the banks were lending out money far too easily during the pandemic especially with those rate rises looming but i guess they are businesses after all, profits over morals.
Loving these videos, and what makes them so good is that they are so true. I’m in the UK and so much of this video I can relate to what happens here.
Look that's a view of the RBA, another way to look at it is, interest rates couldn't be raised during the pandemic as inflation was negative and the economy needed to keep going, now that external factors are putting pressure on prices, and it's not due to wage growth.
I'm completely sold/with you on the tax cuts, these shouldn't go into effect or they should be modified, maybe limit their usefulness or taper them off at $200k or something like that. Also agree, somewhat, on lowering other pricing, it's a careful balance as you basically want to take with one hand and give to another, at the lowest end of the economy, only. The middle and upper classes need to spend less as that puts downward pressure on pricing, it works.
This one is a classic! Just fantastic! You know thhe "My money don’t jiggle jiggle, it folds’ bit was a killer.
Another Banger from you guys. One of the few remaining honest media outlets.
Your videos never stop surprising me. Short, indepth, direct and above all funny. 👍🏽👍🏽 Keep up the good job
As always you guys never disappoint
More please, I'm injoying this so much.
Can we all agree that Ellen has found her true calling in dancing since the EV episode?
And quite easy on the eyes!
The tragic part of these types of parodies is that they are a true representation of the facts of the current situation we find ourselves in.
Guess who is going to be buying up all the properties that will eventually be repossessed after they default on the mortgage payments??😢
Blackrock
Wow, Australia is so similar to America. Australia, you deserve better. Good work, JUICE!
Quite an outstanding presentation.
The way money is being devalued is a SCANDAL.
Coins now worth nothing.
Marvellous to see this clever slick presentation.
Economists just seem to have no idea really.
I thought VAT and GST were meant to solve everything.
Love your work!!! Keep it up. :-)
Keating jacked up interest rates until we had "the recession we had to have". This struck me as being the equivalent of someone saying that the traffic on the freeway is going too fast and then, when they cause an 80 car pile-up at peak hour, say, "well, at least I got the traffic to slow down."
If I remember correctly, under Howard, the RBA kept on jacking up interest rates until we ended up with a "two speed economy" which meant that those parts of the country that did not rely on mining were in recession.
I remember the RBA and bank CEOs and assorted other pompous pricks talking about how Australians "have to pull their belts in". That pisses me off to the max. If you're rich, sure, it's not that hard to avoid going to the most expensive restaurants _every_ week for the next 6 months or so, you can have a slightly shorter holiday than you would have otherwise, you can hold off on buying your nth investment property. If you're poor, if you're working class or middle class, it doesn't work like that. If your mortgage repayments end up too high for you to pay, you don't just magic into a less expensive house where you can afford the repayments. Ditto if you are renting, if you can't afford the rent, you probably can't afford to move out, especially by the time you've reached the stage where you have already done some fairly desperate things to keep up paying the rent. Moving is not cheap. There's the bond and the deposits for the new utilities and the indefinite wait to get the old ones back. There's the cost of shifting your furniture - or otherwise dealing with furniture. There's the inevitable costs that come with moving into a new place, for example I've never moved into a place that has a plug for every sink, basin and tub. Cheaper rentals are often less conveniently located and so you are spending more on petrol or bus and train fares.
This was very well done, thank you. As an American, it was very relatable.
google
Q:who owns the RBA?
A: the CBA
Q: who owns the CBA
A: 1911: The Commonwealth Bank of Australia is created as a government-owned trading and savings bank
but we know, the CBA is now a private company. (google it)
so, who owns the RBA??????
please, WAKE UP
Brilliant. Loved it ... even though I am a retired pensioner. Having planned an overseas holiday, the jacked-up Qantas prices that I now confront really came home to me. Keep it up.
Absolute gold. Very informative and educational. Giordano if you're doing a "making of" video, please include some suggestions of what the little people can do to fix this.
I believe it involves sharpened pitchforks and eating the rich.
@@daisy9910 I'm ready. We outnumber the arseholes anyway. Oh hang on... they disarmed us didn't they, some staged bullshit involving multiple unnecessary deaths and a bloke in Tassie in a blond wig? I wonder why they did that? Must have been a good reason.
This decade is going to be so much fun.
The Collapse of American banks has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what's the best way to take advantage of this bear market?
i'm gonna guess the best strategy is not asking about what to do with several times the average net worth of people in a YT vid, but it might work
200k makes you a small fish so when your broker advises you to buy, sell. When he urges you to sell, buy. He's part of "ensuring money flows back to the rich".
Very true, I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@Sandra Beckham Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
@Sandra Beckham
Thank you! I just looked up sofia online and researched her accreditation *.* She seems very proficient, I wrote her detailing my Fin-market goals and scheduled a call *.*
No surprise that 2:56 is the most replayed section in this video 😅
Meanwhile, here in the UK, we're witnessing an unelected head of state born into unimaginable wealth crowned as king at a cost of £100m to us plebs. Cool and normal.
Well to be honest it has been cool and normal for more than 1000 years so....
Great update! Thanks for distilling reality again..
Excellent as always.
American here. Not sure how this one appeared in my feed but it’s solid.
This is one of very few "content creators" I sincerely respect for what they do. I also love occasional cross boarder editions. Keep it up!
P.S. We need more dance moves
And less formal attire when doing so ; )
@@SoulTrader-d1c Gross
Wow, this is exactly on the mark. It applies to most every central bank on planet earth.
Finally a new gov ad
I can tell she had a great time filming this.
Good job Juicemedia! 🇦🇺🇦🇺🇦🇺
Yep. They're powerful! I hope that ALP or whatever government thing it is 💩 their pants and react!
Time to get a loan and pull out a new mortgage
wait - this was Australia? This seems very familiar in the states....
They're all connected involving the same people
Cut and paste
It's nice to know that it isn't just the BoE and the UK going through this.