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Irreverent Aussies nailed today's central banking -- back in 2008
1:10p ET Wednesday, March 15, 2023
Dear Friend of GATA and Gold:
With Western central bankers scurrying madly to prevent the toppling of the financial system they have driven insane, this may be a good time to recall the brilliant 3 1/2-minute parody of central banking that was broadcast in 2008 by the weekly television comedy program in Australia, "Newstopia."
The "Newstopia" segment features the writer, actor, and comedian Shaun Micallef as a television newsman and Nicholas Bell as an official of the Reserve Bank of Australia, and it portrays the smugness and imagined omnipotence of central bankers.
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The segment makes a mistake in economics, claiming that government currencies are backed only by the rate of their foreign exchangability. In fact government currencies are backed by the economic production of the countries whose governments issue them. But that's another story.
You can watch the "Newstopia" segment at YouTube here:
https://www.youtube.com/watch?v=NIfH0vY2ANA
Make sure to watch it to the very end.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
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Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
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