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Lunatic RBA discovers quantitiave easing drops Australian dollar

September 23, 2020 - 00:10 -- Admin

Only a decade late, the Lunatic RBA has discovered that unconventional monetary policy will lower the Australian dollar and aid recovery: see chart 7 espeically. Abstract The cash rate is currently at its effective lower bound and the Reserve Bank has put in place a suite of alternative monetary policy tools. This article uses the

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