Look a bit further at the Australian Govt bond market.Costello says he won't issue any more.So lenders have to lend to the banks?This puts them [banks]in a very strong position as supplier of money.Am I right?Would they be as powerfull as the Govt.?.....and another,I believe there is very little money[notes and coin] in circulation,which leaves us all as holders of bits of paper.Bits of paper can become trash in no time.What does Costello know that we don't?I'm sure Grant would have a view on this.
Look a bit further at the Australian Govt bond market.Costello...
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $18.89M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $14.52K | 118.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25695 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 71206 | 1 |
View Market Depth
| Last trade - 15.52pm 11/07/2024 (20 minute delay) ? |
| EMC (ASX) Chart |