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  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    Crazy $@&*tards. They will be paying people to have mortgages soon. The world is going absolutely INSANE.

    https://www.stuff.co.nz/business/12...nds-cap-on-quantitative-easing-to-100-billion

    Reserve Bank expands cap on quantitative easing to $100 billion

    Tom Pullar-Strecker14:05, Aug 12 2020

    The Reserve Bank has agreed to expand its cap on quantitative easing to $100 billion to “further lower retail interest rates”.
    However, the central bank appeared to indicate it planned to go longer rather than harder on QE, saying the new cap would apply to asset purchases out until June 2022.
    The Official Cash Rate remains unchanged at 0.25 per cent.
    Last edited by Crom Valen: 12/08/20
 
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