The agenda presented by the club secretary Mr. D. Brooke
Subjects presented in order
Introduction
1. Recorded Introduction:
Link to alternative site for immediate play [ASC Audio_10-11tape(A)(B)]
Don's Intro. et al
"The Famine of 1789-90"
Don reads from 15th min. approx.with missing narration 45th min with change of tape,
recommenced Introduction 46th min. till its conclusion 52 mins 21 sec.
Edit. Tape Intro. Don
Audio_10-11 02/15
Links provided to a document mentioned by Don (the reading above audio file).
Note. Scroll "Content" click 2 ... and again
Present 1.
Don's recorded program first for the meeting and the year. Not only to question the
viability of some big names in international banking, but counter bankers claim " its
business as normal".During the program a "Vinny B" was introduced. Who "Vinny B" was/is other than evidently Irish, not revealed ... commentator or pundit?!?! "Vinny B" explained either the
government of Ireland or the Bank of Ireland commissioned an international agency Merrill
Lynch to validate Ireland's banking system is/was sustainable -- No Problem!
The presenter was categorical -- as is this bloke's form -- with denial. Banks now days
survive according to compliant governments "throwing" money at them.
Link to alternative site for immediate play of discussion following.
712_0104 02/15
Following an interview with a person fully acquainted with bitcoin. However, little was
learnt about the virtual bank world of bitcoin and how it meshes with circular flow of
fiduciary money. More to do with emergence of people who are attracted to this virtual
economy.
Present 2.
What constitutes economic health, a far distant from what was learnt in basic economic
class. Edomocracy (later day democracy) as it bears down on traditional economic theory.
What strategies and actions politicians use to counter cost-price, inflation-deflation and
creditor-debtor paradoxes. But the reporter, also an interlocutor, in a economic debate
hold to orthodoxy, whilst a proponent named will have it, rising cost and inflation are
good indicators of economic health. The consideration left with: are generally people
better off in a inflating economic with an increasing number getting gratuitous hand-outs
from government. Or, would it be better to deflate with less debt generated due to smaller
welfare budget.
The reporter a regular choice of Don's helping attendees comprehend "how things work" --
not "sewing machines" -- and for Australia how will things end. Large debt generated to be
disposed of by the encumbered government, so far no sign of conflation to the country's
problem.
Links to alternative site for immediate play of discussion following.
712_0106 02/15
712_0107 02/15
CONCLUSION with a vote of thanks for the secretary evenings events.
