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the federal reserve of an australian republic (Read 694 times)
imperial
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the federal reserve of an australian republic
Aug 16th, 2008 at 10:07am
 
aparently, the commonwealth of australia owns the federal reserve.....(whatever that means). in the event we become a republic.....who owns the reserve?
the banks will like in the USA?
we print our own $ ?
have a gold standard? (yeah right).....
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freediver
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Re: the federal reserve of an australian republic
Reply #1 - Aug 16th, 2008 at 10:15am
 
The republic of Australia would own it. Same with all assets belonging to 'the commonwealth'.
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imperial
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Re: the federal reserve of an australian republic
Reply #2 - Aug 17th, 2008 at 8:46am
 
beeeeeppp. wrong...watch the vid....

http://anarchonation.blogspot.com/2008/07/who-owns-reserve-bank-australia.html
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