Wall St. For Main St., Released on 11/5/20
Case study of how the Australian central bank, the Reserve Bank of Australia, devalues its currency and then buys up bonds of all levels of government to maintain the size of government. All in the name of fighting deflation, of course!
Australia’s Central Bank Expected to Cut Rates to a Fresh Record Low: https://finance.yahoo.com/news/rba-pr…
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.