Debt and Credit

Debt and Credit

four main world currencies in strips with falling chart pattern
Quantitative Easing: How to Kill an Economy

Quantitative Easing: How to Kill an Economy

four main world currencies in strips with falling chart patternTargeting inflation expectations with tough words, negative interest rates, and more quantitative easing (QE) caused people to lose confidence in central banks, not in cash. Lack of confidence does not encourage activity. It encourages fear.
The Reserve Bank of Australia

The Reserve Bank of Australia

Finance competitionThe Reserve Bank’s ability to create inflation is akin to a power to tax. After all, inflation reduces our purchasing power just like tax. The Reserve Bank’s legislation should be updated to set out how much inflation the government and parliament expects.