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How much control do govs or even the rba have on interest rates?...

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brendoh

3,671 Posts.

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12/11/21

13:16

Post #: 57528607
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Originally posted by willial: ↑

Alonso,
Keating managed affairs so badly that interest rates hit 19% and put business men like myself with borrowings into the almost broke , long time recovering scenario.
A slick talking disaster.
Cost many businesses like mine millions. while he and his public servants totally insulated from the disasters they wreaked on great salaries and secure super.

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How much control do govs or even the rba have on interest rates? Lowe has kept rates unchanged however the banks are raising mortgage rates
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