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Old 01-12-2008, 09:18 AM   #11
NeroASERCH

Join Date
Jul 2006
Posts
5,147
Senior Member
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In that case I have to disagree with the ascertain that the RBA is foreign owned. The ASIC refers to the RBA as a NRET (Non Registered Entity).

An organisation that is not required to be registered with ASIC but whose name appears on our database because, under the terms of its incorporation, the organisation is required to lodge certain documents with ASIC, (usually annual returns or annual financial statements).

I thought the Bank of England was nationalised by the Bank of England Act 1946. However, upon reading the Act I am wondering if the Act was a ruse. As if I read it correctly no "real" or effective change of ownership occurred.

Here is the Act in question Bank of England Act 1946 I'll leave it to everyone to make their own assessment.

Yes, I am aware the US Federal Reserve is a private organisation and possibly the greatest swindle in the history of mankind!
The same families that own the fed own the bank of england, the reserve bank of australia and all the other imf/world bank affiliated central banks.

Clue: Iraq had no such central bank under Saddam.
It does now.
See a pattern?
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