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hi moorookamick .That rampant inflation is a burden that will...

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hughes101

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26/11/20

09:14

Post #: 49153661
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Originally posted by moorookamick: ↑

It is a printing money sleight of hand to filter the electronic currency via the bond market and then back to the RBA
where the only winners are our foreign owned big 4 Banks.

https://australiandebtclock.com.au

Unlike the USA, Aus does not own the Reserve Currency where every Tom Dick & Harry will hold it outside
the country. Instead the 'electronic AUDs" will dilute their value due to excess supply and create rampant
inflation later.

So there are 2 scenarios;
-ongoing recession/deflation
-economic recovery & rampant inflation

Take your pick?

This is why the Gold Bugs are holding tight even at these high prices of the yellow metal.

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hi moorookamick .That rampant inflation is a burden that will wipe out many in current circumstances .Ill side with stagflation with the "genius" management the world has been left to endure . 400% rise in debt in 20 years is clearly unsustainable .
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