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Newstopia explains the Reserve Bank

submitted by 9453
1 decade 5 years 7 months 3 weeks ago

Tony Froth explains, with impeccable logic, the Reserve Bank of Australia's Monetary practice.

5 Comments

my15minutes

says...

*promote

siftbot

says...

Promoting this video and sending it back into the queue for one more try; last queued Friday, February 6th, 2009 4:43pm PST - promote requested by my15minutes.

RedSky

says...

Yeah, because the effects of unexpected changes in price and rates of inflation are completely analogous to being able to buy less things when they're cheaper. I mean I know they're correctly lampooning economics for being amoral, cold and calculating, but that's just a massively perplexing leap of logic.