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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (30258)4/27/2005 9:36:58 PM
From: Elroy JetsonRead Replies (1) | Respond to 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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To: Moominoid who wrote (30258)4/27/2005 11:04:41 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
This sounds familiar:

The detail of the Australian Bureau of Statistics consumer price index showed that goods and services that do not have their prices influenced by international competition are rising in price considerably faster than the Reserve Bank would like.


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