It takes just a moment to join our fantastic community
Discussion in 'The Pub' started by Jecs, Aug 25, 2012.
It's a total rip.
Like Hillary said... We Came, We Saw, He Died... I am aware of the Gold Dinar. That gold was stolen during the Benghazi fücked up operation, was a success for the Deep State.
Thank Herry Kissinger when the Richard Nixon adminitration decoupled the Gold from the USDs and made a deal with the OPEC to sell oil in USDs to increase demand for the USDs in exchange of security and weapons, no wonder Saudi Arabia is nicknamed "Wonderland" by the Elite. The world currency status came from the Bretton Woods Accords right after WW2 presided by FDR/Truman (the douchebag called the Leader of the Free World, damn warmonger socialist elitist bankster).
All wars are banker's wars
Yes. That’s the price the servo buys it for.
So on any given day of the week it’s easy to tell how hard your being reamed!
The Bretton Woods agreement has a lot to answer for. It’s why we have the general malaise we have now. When you create a system where all money is created by debt but provide no avenue for that debt to be absolved or written down by debt forgiveness (well not to ordinary people anyway) then there is an absolute limit to the economy which is the maximum debt carrying capacity of the people. This is why interest rates are down to zero, because we are at the end game for money as debt.
We used to have a regulated economy where the dollar was devalued from time to time. Now it is a floating dollar that the market determines it's rate.
That is BS then, they are making well over 50cpl from us. I went to WWP again and ULP 1.46. I drove off again and went up the road and put in 25 bucks worth of ULP at the next servo. Crazy thing is that in East Devonport 45mins west Shell is selling ULP for $1.09 a litre.
Indeed it is BS. I would say a fair market price at the moment would be between 100c/l and 110c/l. They normally don’t let it get any closer than 10 cents to the terminal gate price before they slam it back up again.
I do think that some people are under the illusion that they actually discount close to or a bit below cost at the low part of the cycle and make it up at the high point of the cycle. This is never how it operates. They make a fair margin at the bottom of the cycle and make an absolute killing at the top of the cycle.
Knowing the terminal gate price is also a very good way to know where the bottom of the cycle is so you can fill up at the cheapest price. I will normally fill my tank if the servo price is within 10 cents of the terminal gate price and keep topping it off regularly until it rockets up again.
I think if the 6 o’clock news actually told people the current terminal gate price there would be outrage from everyone and the ACCC might be forced to pull their finger out and do something about it.
If only we had petrol cycles. Our price 6 weeks ago was a 1.52. 1.46 is the cheapest it has been in over two years at my main servo. Even Coles in Town is cheaper at 1.39.
Coles was always the dearest in Ipswich and the first to put their prices up One of the Coles is reasonably closest to Costco so now they have had to pull their horns in. I still won't buy petrol off them due to their past behaviour.
Well there’s obviously some pretty good collusion going on between them all then seeing as they are buying fuel for 94c/l in your neck of the woods.
Shell/Coles used to always be the biggest ripoff merchants. Taking a 4c/l coupon in for fuel that’s 20c/l more expensive than anywhere else doesn’t make a lot of sense!
I predominantly use 7/11 these days as they generally tend to have to lowest price of the servos that are close to me. The metro at West Ipswich or the Liberty at Amberley normally have cheaper fuel but are a bit too far away to make it economical unless your trying to beat the 50c/l price hike!
In part is because the Currencies are backed by Nothing, that nurish Fiscal Irresponsibility. Slowly, through the years, without anybody caring for any of it. Rules have been changed to rig the game. The world runs on Keynesian Economics, is taught in universities across the globe. The idea that you can run debt to infinite and lower the burden with inflation is ridiculous. Only benefits the issuer of the debt and the only way to sustain it is to engage in Socialism/Communism. On this quote of Keynes, is not the Gov, he should said...
By continuing the process of inflation, Central Banks with the help of their mates in Government. Can confiscate, secretly and unobserved, an important part of the wealth of their Citizens.
Is funny how that works out, the idea of "Create the Problem, later.... Become the Solution". I truly believe Banks/ers created Socialism, is the Ultimate Resource and Production Administration, hey, that sounds like Corporatism to me. They seems to wreck their own economies, blame other shît for it, make the people fight on a revolt and beg for Socialism to the rescue them
It happen in Russia with the Bolsheviks, happen in Cuba with Castro just to name the few.
One of the big problems with fiat currency created as debt is that not only does it encourage fiscal irresponsibility it absolutely must have it in order to survive! If every person and business was fiscally responsible and paid down all their loans and didn’t take out any new loans all fiat money would cease to exist!
This mechanism actually makes economic downturns a lot worse than they have to be as most peoples inclination when bad times are coming is to pay down debt. This destroys the money that is used to pay down the debt and so there’s less money circulating in the economy thus making the downturn worse! This spiral continues until enough people see a bottom and feel confident to jump back in, which starts up the debt spiral again.
A big part of the renewal of such a system is bankruptcies and corporate failures as this allows some debt to be wiped off the board (deleveraging) and allows bad actors in the economic system to fail, to be replaced by new actors who may or may not be good but being new actors they come with a new balance sheet to create more money as debt and expand the economy.
This part is where the governments of the world fucked up in 2008. Instead of bailing out banks and corporations all the entities that were unviable should have been allowed to collapse as that is what should happen in a properly functioning capitalist system. The collapse and renewal allows for deleveraging and clears the dead wood so new businesses can flourish and also helps to reduce inequality as the largest businesses are often the highest leveraged and the first to fail when the **** hits the fan. The subsequent “flattening” of economic activity disperses capital instead of it all being concentrated at the top.
Cannot say it any better.
Some time ago a Russkie named Nikolai Dmitriyevich Kondratiev studied Capitalism. His work was published in The Major Economic Cycles (1925), in short, a true and healthy Capitalist System has to go through Boom and Bust Cycles, just like the Ocean's Tide and Ebb, is the natural way of the system, is called the K Wave. When the Gov intervene by allowing the Banks to engage in reckless behavior, by removing the safeguards on risk, you see what we got now, a rigged Casino where the few (the elite) play Slot Machines that never loose. When they do, the other players (non elite) have to pay their losses and when they win they (the elite) keep their winnings (profits).
How they became what Obama called "Too Big To Fail"? Easy, the bank took all the hardworking individuals Savings, Retirements and Investments hostage by using them to leverage their games. The ones that failed, wiped out clean their "Nest Egg" accounts, on a "too sad, so bad" deal, that is "Capitalism" for you (big lie). Replaced some deposits via FDIC (thanks FDR) with debased Currency. The Global Financial System died in 2008 and 12 years later, is nothing more than a Zombie system. I am stoked on how long did last, but according to the K Wave, Bigger the BOOM, Bigger the BUST.
The entire Universe runs on Cycles, when humans, decide to play God, manipulate the cycles, take advantage and/or rig the tables, the Forces of Nature will always bite them in the ass.
Interesting quote from Mark Valek. Read the comments in his Tweeter feed, is all public, no account need it. Was translated in few languages.
Did you caught the hidden message?
The global demand for alcohol is massive right now for its use in the hospital's, hand sanitizer etc etc. Just try buying a bottle of metho down at Bunnings, all gone!
A fairly accurate approximation of how our world economy system actually works!
Cracked me up how clever they switched the word Currency for Electric Power.
Here some that I came across that I find interesting...
The proposal is a digital certificate that verifies if you have been vaccinated and was developed by MIT and Microsoft. They are looking at merging this with Bill Gates’ ID2020. It is entirely possible that this scare has been a deliberate plot to get people to accept these digital implants. Refuse, and you will be prohibited from social gatherings. Like 9/11 conditioned us to be x-rayed before entering a plane, now the next stage is to embed digital markers that they have been using in dogs and cats.
The United Nations’ WHO is part of this ID2020. Scaring the world and making people feel unsafe unless they are certified not to have this coronavirus just may be part of the plot behind the curtain. I hate conspiracy theories, but this is in the open. The health industry is destroying the world economy and making people feel unsafe. Unemployment is skyrocketing as people lose their jobs and will be then conditioned that if they have been certified, then and only then will they be safe to return to the workforce.
Yep and the Toothless Tiger knows it and does SFA.... RACT has been pushing for years to try and get the price down by 15cpl which would bring us into line with mainland profit margins, by the time the extra freight is added but nothing changes.
Separate names with a comma.