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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