rba and quantitative easing, page-10

I dont see it like that adwebster. Its just moving away from who is top-dog toward being more like a divided world community where money rules.

As for QE, IMO QE and our type of politics don't mix. If QE was accepted policy in Aus the incumbent party would have an invested interest to print more money and overspend in order to get themselves re-elected. They would also have an invested interest in wrecking the economy for the opposition if they don't get re-elected. In the end we would pay the price with high inflation and high taxes.