I don't understand economics,but have this theory that needs...

  1. pharque99
    41 Posts.
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    09/04/13
    21:30
    Post #: 11623491
    I don't understand economics,but have this theory that needs some answers.Simplistically, If our reserve bank "printed"300 billion $A and used it to pay back the Gillard/Swan /Labor debt,would that not put severe downward pressure on our dollar which in turn would dramatically help our remaining manufacturing and export oriented industries.
    Am prepared to be outed as and economic imbicile but would like to see some discussion on this theory.
    Please keep the insults humorous and to a minimum.
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