Adventure Ausrama Blog

Since the Liberal-National Coalition has been in government it has followed the same policy as Germany and France. That is: keep wages low and restrict welfare. But of course, This reduces spending and puts a brake on the economy. Wealthy businesses benefit from lower wage costs. Two thirds of the population suffer while the top third get rich. The economy of Australia has been stagnant for the last five years compared to other countries. For three consecutive quarters GDP per capita has fallen. Construction is in decline. As the wealthy have become richer they have hoarded their money. They have spent the same each year for the last seven years. Australians generally have become poorer while company have made great profits. Furthermore, the government has brought in laws that stops unionists going on strike. There are massive fines for the unions if they do. Household disposable income has fallen by 0.8 per cent over the last twelve months. Australian disposable income ha...

The Internet has disrupted the security of ordinary money. The economic system controlled by the banks for centuries is now under threat. Bitcoin is an example of new money. Its mere presence in feared by the banks. Money, or at least its value, depends on people having faith that it can easily be exchanged for different goods. In Germany before WWII security in money was severely challenged. There was rampant inflation, so much so that people had to push barrow loads of  cash to a shop to get a loaf of bread. New money is everywhere: PayPal has taken the banking world by storm. These bank-like services are being offered by Google, Apple and eBay. To get Followers on Twitter, many sites are offering seeds. Though the websites deny trading for followers, this is exactly what it is. Google's Wallet is really a bank service. Smartphones can be swiped in store terminals to buy goods. The problem is most money does not really exist it is just recorded in books as they used...