And apparently it has worked so far, balanching our aussie economy. I believe (and my crackpot accountant agrees) that this is to get investors to use the Australian economy as a safe haven when surrounded by falling markets.

What do you think?

the jews are controlling your money....


that is all

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[QUOTE=vazilizaitsev89;10547409]the jews are controlling your money....


that is all

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Teh Jewz r in Amerikaz arnt dey?

Or are they trying to capitalize on Asian markets after bleeding America to death, and since they don't look Chinese, they are trying to get a nearby stronghold where they can suck money from as close as possible?

Also they would want the interest rates down so they can move their properties into the Asian market, whilst borrowing a little to recoup losses?

Fuck. Now I'm paranoid about the jews invading Australia.

It's because they overdid rates while trying to tackle inflation.
They shouldn't have raised rates in February and March, chasing after inflation caused as much by petrol prices and the drought as by demand.

Now everything's going crazy overseas they're trying to keep Australia afloat, inflation is no longer much of priority.
They held rates steady for 5 months at 7.25%, lowered it once modestly, and have now screamed "OH FUCK"

Banks raising interest rates of their own accord over and over wouldn't have helped, the RBA might not have wanted to lower rates for most of the year, but the rates faced by consumers were no doubt higher then the RBA had originally intended.

It isn't so much as to create a 'safe haven' as to prevent Australia falling into recession. It may well become something akin to that, but the aim of their policy is no doubt to keep things going along normally, even if inflation becomes a problem.

Chinese = modern day Jews.

Yes the modern day Jews are taking over your economy. I know... I have a few cousins over there in Perth and Melbourne.

I have met 6 Jews in my life and 5 of them were on holiday from the US.

- ♫.i.b.y.v.n.t.h.♫

there are a lot of jews in my university. there is even a dorm called the "shalom college". its funny though, they seem to be segregating them away from everyone else


anyway, even though the inflation rate is lower, are the banks going to reduce their rates as well, are they just going to keep the money all to themselves?

I didn't think September quarter inflation rates were out yet.

If by interest rates are lower - they've passed on most of the cut. 80%ish.

In regards to the 'Jewish question', Jewish girls have this tendency to just be so seductively cute. I don't know, maybe that's just my experience.
I would fully support the establishment of a "Jewish" hall of residence at my university on the condition that they establish strict gender quotas (above 50% in favor of 'affirmative action').
It shouldn't be too hard, I'm sure there would be lots of Israeli dual citizens who'd love to study abroad to avoid military service.
Goodness knows they'd be more fun then all the god-damned Asians.