Harrow said..
Unloaded question, what does this indicate?

It indicates world interest rates updated on 4th September 2020.

It shows the central bank, the country's flag and the current interest rate, measured in percentage.

There are 10 different countries displayed.


Glad to have helped.

Harrow said..
Unloaded question, what does this indicate, economically?

Japanese People pay the banks to hold their cash, at least it won't get stolen!

It demonstrates that Modern Monetary Theory is working. It also shows that the decades of successive Governments shaming and blaming dole recipients was just a distraction.

Government wants you to spend, not save.

Marvin said..


Not a bad return on your cash in the current environment - I'm happy to steer clear of the asx for now.

You've got to be kidding. Even a cautious ETF is up 10%. Retail investors are making a killing in this climate.

Harrow said..
Unloaded question, what does this indicate, economically?

That may mean also that world will be more attracted now to invest high into yield currency. There was time not long ago that Kiwi and Aussie served as carry trade currency, high yield gave as parity with USD for a moment. Not sure if that is what Chinese wants- appreciation of their currency rates against others - may hit export hard , but on another hand influx of investment could accelerate global switch from USD to RMB. Take our exchange for example , What is the point to convert chinese to usd then to aud to pay us for iron ore? ONly to feed third party foreign exchange? On 1 hundred billion amount that is quite significant loss in commissions paid for us and give up sovereignty under total control of our finances.By the year 2030 China is expected to become 3rd currency in the world, after usd and euro, but smart move on one side and no so much on other could speed up the process rapidly. With digital yuan China could offer global wallet to all underdeveloped countries in Africa to replace national galloping with inflation.
For big institutional investors it means that could get no almost zero interest loan from western banks, deposit in yuan and have nice profit after year.I will not be surprised at all if us government serve now undercover as the greatest client, while printing free money. With unlimited supply of cheap or free money they could nice turn nice profit on carry trade yuans.







from all those three- it seems that keeping money invested in our currency - AUD is the most risk/ unpredictable.

Is anyone else looking at SPL for a buy stock?

Harrow said..

psychojoe said..
Is anyone else looking at SPL for a buy stock?

COVID-19 nasal spray development..... interesting.

I thought so.
It'd be nice if all this bull**** finally paid off

slammin said..
SPL is fake news. Betadine in saline as a nasal spray was already demonstrated to be effective back in July.

Covid is semi fake news too but everyone bought it. 8% rise in one morning. This could be a rocket

slammin said..
Psycho joe. That didn't age very well. Try ASX bets.Hopefully you're now freeholding. Cause I'm seeing a 6% drop.

Stoked I took your advice.
You're heaps better than my old stock broker.

Saw this in my online broker newsletter this morning, reminded me of this thread:

We live in a world in which virtually everybody supports ever more extreme fiscal and monetary "stimulus." Thanks to central banks' frenzied interventions over the years, rates of interest have become increasingly divorced from reality. The consequences (namely sky-high and rising debt, implausibly expensive stocks, real estate, etc.) have become ever more apparent. Contrived rates emit false signals - and, in effect, throw sand into the economy's gears, add lead to its saddlebags, cause the ship's anchor to drag along the seabed, etc. Central banks' and treasuries' denial of past failure merely abets bigger failure in the future. After the GFC, their attempts to abolish the business cycle delivered stagnation; they've now bequeathed recession - and threaten depression.

It then links to a several-thousand-word article I won't bother re-post here.