Mike's Daily Comment
I don’t care what Governor or what party – it’s a very bad idea to open the door for people to question the central bank’s independence and decision making because a former Governor wants to get elected.
Should be the shocking stat of the week. Even big government advocates may be surprised by the growth of the federal government.
How can our various political parties promise big, shiny, new billion dollar programs when successive Auditor Generals point out serious problem with ones we already have?
Central banks are creating money out of thin air to finance record spending but what does it mean for you? Top analyst, Luke Gromen tells us how to profit. Plus Ozzie on the government’s first move to slow down the housing market and a goofy that will get you thinking.
Can’t You Just Hear Dire Straits
Posted by Michael Campbell
on Thursday, 15 April 2021 6:46
“Money for nothing” seems to be the new mantra as governments make wishes and central banks grant them by creating money to pay for them.