I thought I read that the Australian Reserve Bank borrowed around 53 Billion at the same time as the NAB and Westpac.
You would think all of these are "market sensitive" things to shareholders and Australian citizens. I dont know but is the ARB a private company like the US Federal Reserve.
These are really big issues and I see us heading the same path as the US, a lot of disinformation or no information and bailing out the top end of town. What did the ARB do with 53B and who pays it back?
Bushboy
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