what economic theory holds up over 100+ years with recession and booms?
silver to the dollar or inflation as some have spouted here hahahaha.
to clarify the intent of the fed and rba by raising rates is to reduce inflation and a consequence of that is less demand and subsequent reduction in business.
BML management said so, so it must be true. Lol!
Ann: Quarterly Activities / Appendix 5B Cashflow Report, page-50
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