Right on, Davo. I notice that the Federal Government spending...

  1. jimace
    242 Posts.
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    29/07/20
    18:08
    Post #: 46162239
    Right on, Davo.
    I notice that the Federal Government spending tsunami is being propped up by RBA purchase of Treasury debt. Looks suspiciously like the oldest trick in the game. Currency is devalued to pay for all those subsidies.
    https://www.rba.gov.au/mkt-operations/announcements/rba-purchases-of-government-securities.html
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