Here is the ONLY semi-serious post I have done about the f**ked-up election ..blame Bob Spencer...he wanted me to stop saying "i voted for mayor mcCheese"and similar,lol..so here it is ...................I would like to ask both treasurer & shadow treasure why they are not effectively using monetary policy to regulate a balance between borrowing rates,CPI and dollar valuations..The current emphasis on having the lowest possible interest rates ( that only serve to create a credit-dependent society) is not viable in the long term...the misuse of both monetary and fiscal policies to create low borrowing rates is not sustainable,as individual debt rises,so does national debt.The continued privatisation of government assets to allieviate these debts takes cashflow from the economy,as more cashflow goes to private enterprise,less goes into,and back into circulation,therefore less consumption tax is generated,services are compromised and more assets are sold to regenerate growth...I would suggest,the manipulation of monetary & fiscal policies to gain balance...It is better to pay 20% interest rates and have to borrow $100,000 to purchase a property,than the current situation of far less borrowing rate,but an average price in the realm of $500,000...........OK..anyone still awake??..thought not..now you see why i DONT participate in political debate...xx
Posted on: Thu, 05 Sep 2013 06:09:55 +0000
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