Foghorn: RBA doesn’t want to do QE

Via RBA sock puppet, Terry McCrann:

Everyone seems to expect and many indeed lust for the Reserve Bank to embark on quantitative easing — printing money, but not for you but for the top end of town — except the only guys, non-gender specific, that matter. Those in the building at the top of Martin Place in Sydney on the right.

From the top down, the RBA has zero desire to go down that path.

There are 806 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.