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Clarke and Dawe on the RBA

Discussion in 'The Economy' started by Simon Hampel, 28th Mar, 2008.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Last edited: 17th Sep, 2016
  2. AsxBroker

    AsxBroker Well-Known Member

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    Love it...
     
  3. Tropo

    Tropo Well-Known Member

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    Gold: The Nationalization of Wall Street

    Gold: The Nationalization of Wall Street
    by John Ing

    Safe Haven | Gold: The Nationalization of Wall Street

    Federal Reserve Chairman Ben Bernanke once said: "By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper money system, a determined government can always generate higher spending and hence positive inflation."
     
  4. Billv

    Billv Getting there

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    Sim

    nice one :)

    Cheers
     
  5. Billv

    Billv Getting there

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    Tropo
    interesting article but you should have started a new thread.
    Cheers