Is The RBA Secretly Bailing Out Australian Banks?

Discussion in 'Markets & Economies' started by sodl, Nov 25, 2019.

  1. sodl

    sodl Active Member

    Joined:
    Jul 1, 2018
    Messages:
    357
    Likes Received:
    181
    Trophy Points:
    43
    Thought I would post this interesting youtube vid.




    According to The CEC Political Party ...Australias banks are bankrupt. See video below.

     
    Last edited: Nov 25, 2019
  2. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    2,285
    Likes Received:
    629
    Trophy Points:
    113
    Location:
    Seedeneey
    Yes, thx ScoMo!

    Who do you think paying for their election campaigns? Their own money?
     
  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,955
    Likes Received:
    2,260
    Trophy Points:
    113
    Location:
    昆士蘭
    This has been discussed in two other threads, I don’t think they’re secretly bailing out banks, it’s just that the RBA changed the definition of M1 so it increased. Ive alerted Nugget News. Thanks to @leo25 and @Oddjob for clarifying what had happened.
     
    sodl likes this.

Share This Page