AustraliaGATE:
From Affluence to Austerity

Wealth

The Wealth of a Nation is determined by its ability to produce and distribute wanted goods and services, it includes the productive capacity of its land and industry and the enterprise of the people.

National Wealth also requires that few or none of the people are in debt, and that all, or nearly all shall have plenty.

It is physically impossible for a nation to become poorer unless it consumes Wealth at a greater rate than it produces.

The Wealth of the Australian Nation has been drained or consumed by schemes that favour the Money Power of the world, with exhorbitant interest charges, legislation that favours the already rich, trickery of the people to keep them ignorant, and private banking that works against the people rather than for them.

Every bit of Wealth earned by the enterprise of the Australian Nation has been transferred offshore to Foreign Banking and Foreign Investors, the net result is that the few National Assets that are left in our possession are far outweighed by the National Debt.

And of course many stooges of the Money Power have been placed in key positions to keep the nation toiling towards poverty by the myriad of entrenched systems that combine to see that the toiler never wins, a bit like the sideshow scams at carnivals or shows.

We can define Wealth as being the measure of how successfully a nation is being managed.
Looking from the national viewpoint we can further expand the definition of Wealth as production that either...

  1. Adds value to the Nations' monetary assets.

    or

  2. Prevents an external or foreign product from depleting your nations' monetary assets by sending payment out of the country.

    Therefore, wealth can be earned for your country by the creation of either Farm Produce or by manufacturing Goods For Sale.

    Conversely, national wealth can be lost or destroyed if we surrender possession of money by

    1. Sending money out of the country.
      ie to pay for imported goods, or to pay interest to foreign lenders.

      Or by

    2. Removing money from public possession.
      ie by privatisation of public assets where the proceeds and profits will no longer be in the hands of the general public and may even be removed from the country by foreign investment.

      We must keep in mind that Money that is the product of service industries and public utilities does not produce Wealth, because they merely re-distribute already existing Money rather than creating new wealth.

      Permanent Wealth is produced by the slow process of industry, combined with skill and the manipulation of capital.

      Whereas temporary or Fog Wealth is produced by the rapid process of placing one piece of paper in the possession of a bank as a collateral security for two pieces of paper.

      To understand how Australia has lost control over her economy we must understand the different forms of conquest.
      Conquest