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Replying to Avatar StackSats.IO

The RBA is getting around to reviewing Covid stimulus and has concerns that the nearly $500 Billion dollarydoos they printed out of thin air as stimulus may have inadvertently gone into #AUStriches housing market and pumped up house prices.

Australia truly is a nation of absolute muppets.

https://archive.is/EHzX7

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roll_the_dice 1y ago

To be fair, no one could have seen this coming. Printing money makes prices go up? Like what?! It flies in the face of basic economics.

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