rba has invited massive inflation, page-7

  1. 8,232 Posts.
    The RBA has not 'printed' since GFC, the FED did. The RBA has increased its target interest rates, the FED didn't. Zero interest = cure for deflation, relative high interest rates = cure for inflation...the never ending central bank cure for boom&bust, it has never worked and never will.

    Don't blame the central banks, blame the limited tools available to them to influence human behaviour, i.e. 'irrational markets'.

    Fight of the Century

    http://econstories.tv/2011/04/28/fight-of-the-century-music-video/
 
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