I don't follow the qe bail outs to much,but i thought i understood next bail qe3 was not going to the banks as they didn't want to lend the money,so this time i thought i heard the money is going into pension funds etc? anyway along the lines the money will be distributed into the economy,yes their still printing but probably better than giving it to the banks? ps notice mckibbon and the business community are suggesting RBA should cap australian dollar,fairly obvious i would have thought but besides dropping interest rates what other options are their?
