An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
More weakness in markets as we close the year. The realisation of higher rates and recession risk hitting earnings is hitting home as big-tech...
Last Friday the Treasury released a draft bill which would ban cash transactions above $10,000. But I discuss the real story, with the CEC‘s...
CBA has joined the lenders cutting the buffers rate to 1% for certain borrowers, despite the Council of Financial Regulators saying 3% was appropriate....