Walk The World What if the RBA’s monetary policy is too weak? Perhaps we are not as exceptional, and we may be following parallel tracks to those in New Zealand and The Federal Reserve. How different are we really?
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It's all good until you have a currency crash….
1st – Hi Martin 👋🏻
RBA will not be happy until the Banks are making fortunes and the ordinary Aussies are paupers
I can't imagine your frustration Martin, for years you were saying that Australia is not an exception and now the RBA has finally blurted it out years too late. We simply cannot have enough scrutiny of the RBA – hopefully Aussies learn that soon
The RBA seems to always get it wrong. Why would this time be any different?
the reserve bank of new zealand , must handed investers , millions in extra spending . going by the number of people out spending today.
Despite the economic downturn, I'm so happy😊. I have been earning $ 60,200 returns from my $7,000 investment every 13days•🌡💯🎉
Engineering us for CBDC
to get us to take the cbdc next year , they need us feeling a lot of pain . because all govt payments will be by cbdc ,
and it wont an aussie cbdc . i am picking a imf cbdc for the whole world
Central bankers don't get it wrong, it's their job to lie and manipulate.
It is painful to watch Lowe flailing about in the vain hope that something will happen to fix his problems for him. Hard to believe that we pay near $1m a year for such feeble and faint–hearted leadership.
Will the government confiscate gold in the future ? Any ideas anyone ?
Lowe must go.
Yep, instead of going to 5% now, Lowe will sit on his hands, leave the cash rate somewhere around 3% until next year sometime when it will become evident that the RBA has lost control of inflation which will have blown out to 10%+ due to the loose policy. Lowe will then be forced to go up to 6%.
Some background … Phillip Lowe was appointed by … wait for it … the Treasurer of Australia Scum-oh Morrison on 18 September, 2016 because the RBA are part of Treasury. Anyone think Scum-oh didn't instruct Lowe to take interest rates close to zero and hold them there for as long as possible to make the Morrison Treasury and Prime Ministership look great with all this free money – hense Lowe's pre election statement 'Interest rates wont rise until 2024'?
Australian exceptionalism alright … the RBA is a political instrument, not an economic one. 🔪
Helheim Glacier 2022
Westminster clownshow is mostly about socialism for their favourite political donors and extracting as much from the population for the least.
4% interest rates – next year 5%, pussy footing around will only cause more damage.
We will end up being screwed. More intervention will deepen the hole to climb out of…
our housing market is the most inflated and our reserve bank response is the weakest and our wage growth is the lowest. recipe for disaster brewing.
We could easily control our economy by simply hiring and sacking public servants.nobody would notice.
This video comes with a misinformation warning from Google about Covid 19. "Authorities" don't understand about medicine or economics.
RBA trying to reinvent itself,obfuscate to try to save,the public selloffs,big debt etc pretend economy era is nearly over,big forced changes are coming,(ideally too scrap present RBA and complicit paymasters,etc).
Can we get Stevens back please 🙏
Every single empire in history thought they were exceptional with fractional reserve lending and creating currency out of thin air as debt.
“All fiat currencies return to their intrinsic value — zero.” Voltaire