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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Moominoid who wrote (30258)4/27/2005 9:36:58 PM
From: Elroy JetsonRead Replies (1) of 306849
 
Costello, like every politician around the planet, wants the Monetarist system to create more free money through excess credit creation.

No big surprise. "Free money" has always been a popular welfare program. It has made the term "Monetarist" as well known as Hostess "Twinkies".

Monetarists falsely believe that increasing the amount of money and/or credit increases their nation's wealth.

So far the Australian Reserve Bank has studiously avoided feeding the honking geese looking for a free hand-out.
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