rba and quantitative easing, page-18

Hi BH!,

Miles away maybe, and definately hopefully. But just because we have a relatively high official interest rate doesn't mean that the RBA won't need or want to QE.

I think that part of the problem might be that because we don't have much worldly weight and nor is our currency the world's reserve: then we may run out of buyers of our debt just as our debt begins to escalate. Then what do we do?

We may have to QE even if we still have a 3% interest rates.

- pug