The perfect world – zero interest rates for the speculators. Don’t bother making stuff.
I spoke to financial commentator, Greg Buck about housing bubbles, speculative financial thinking and about the Reserve Bank of Australia. Now RBA’s Governor Glenn Stevens says loan limits ‘worth a try’. They want all the credit when the going is good, but keep kicking the can down the road – so someone else will take the blame and the pain.
From most affordable to unaffordable, the price we pay having a private reserve bank sucking the blood of a nation dry. Solution is simple, end usury and taxation to restore prosperity for commonwealth. Just think no banksters no wars.