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interestrateripoff

Australia Central Bank Cuts Rates

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Cor, what a brilliant move. Do exactly the same as every other failed Central Bank and hope that 'it's different with us'.

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http://uk.mobile.reuters.com/article/businessNews/idUKKCN10D023

Australian shares were down 0.6 percent after the Reserve Bank of Australia's policy board decided to cut its benchmark interest rate by 25 basis points to an all-time low of 1.50 percent, as expected.

All heading towards zero.

Asset prices up....interest rates down.

It's like...the rich just want to keep getting rich

I dont thiknk there is any other end game ither than the bankers just taking peoples money from them.

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Cor, what a brilliant move. Do exactly the same as every other failed Central Bank and hope that 'it's different with us'.

Failed ? The rich have gotten much richer from this policy.

Why would the rich mens friends stop now ?

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Cor, what a brilliant move. Do exactly the same as every other failed Central Bank and hope that 'it's different with us'.

Beautifully put.

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