Probably more important is who we are in debt to If the RBA is...

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    Probably more important is who we are in debt to

    If the RBA is simply printing money to pay it's debts it is in effect borrowing from Australians as the more money it "prints" the cheaper the peoples money becomes, which will show on the Australian Dollar value against other currencies, the car you could afford yesterday will be too expensive today

    If we are borrowing from the World Bank the money can never be repaid as we are in effect selling the country to their octopus strangle hold

    If we are borrowing money from China we are becoming a Chinese State

    It is always better to save than to borrow from anyone
 
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