Newstopia explains the Reserve Bank
March 1st, 2010 | 
Author: UPDATE 2009-01-13: 50000 views! Thanks to everyone for their contributions. UPDATE: The day this video got picked up by a couple of blogs in the USA and Canada was, coincidentally enough, my birthday. I can’t give enough thanks to everyone who has enjoyed the video so far. Spread the word! “Shaun Micallef” (Shaun Micallef) and “Tony Froth” (Nicholas Bell) explain the role of the Reserve Bank of Australia and how to control inflation. This was taken from the TV show “Newstopia” (Season 2, Episode 3, aired 12 March 2008). I’m uploading this to celebrate the launch of the third season of the show. This is one of my favourite moments from the second season. I don’t own the copyright to this – it belongs to the Australian TV channel, SBS. That said, there is plenty of Newstopia material on youtube already, including an incomplete version of this material. In any case, I personally think the show deserves all the publicity it can get. Visit the show’s official website: www.sbs.com.au
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; ) i saw this sketch on TV over 2 years ago and just like fine wine – it just gets better with time
love it ;D
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newstopia is the best
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Excellent!
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@arcane1977 lol
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Ask Khemlani!!!!
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Oh, so true!!! Damn Heath Robinson control filibusterer ******.
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This is just to damn good
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@thtshtsbutiful: Which of us are you talking about?
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you might possibly be one of the stupidest people in Australia. care to explain why you think that??
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brilliant!
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cunt!
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Funny vid. High interest rates leads to lower housing prices though, not higher.
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lol! i love shaun!
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But that’s so archaic. “Crucify them”
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I think we all want fair punishment for unfair action. If I’m shopping and I steal something, I go to jail. If I’m a banker and I steal something, I get the top job at the RBA.
I didn’t take arcane1977 literally about hangings (since I don’t support capital punishment), but I would love to see the central bankers publicly humiliated somehow. We don’t need to kill them: putting them in stocks and letting us throw rotten vegetables at them should suffice.
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Until you get falsely charged for high treason agaisn’t the Queen or some other head of state and are then hanged nearly dead, drawn and quatered, if you’re lucky you just hanged. Still want hangings?
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fuck tony frof, cunt
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Also, giant picture of the map of Australia behind the presenter, hint?
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Satire is serious, that’s kinda the point.
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OolTube, you mix, and match deflation, and inflation. Falling prices are just falling prices. Deflation is not inherently a bad thing, because it could simply mean that the money can buy more, or has more buying power. Inflation in money supply creates higher prices, stable money, prices simply get cheaper, because the existing money simply increases in value. Same reason why few US dollars can buy a lot more than any other currency of the same number. Things cost cheaper back then, than today.
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cunt
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“cunt”
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Gotta love Shaun. Brilliant!
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too much! far to funny! how sad it is people dont understand the evil of the fed bankers
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Reserve Bank is a criminal corporation. An illegal one at that. We need a good ol’fashion public hanging me thinks.