Comments by "ChineseKiwi" (@ChineseKiwi) on "Reserve Bank cuts cash rate to 0.25% | 7NEWS" video.

  1. This means that banks get less for depositing their money to the Reserve Bank, which gives them incentive to lend out that money more to businesses, giving businesses more credit to buy things to generate income or to run for longer.
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  2. Ya human. Humans are lazy. Humans want simple answers to complex social phenomena to reassure them, particularly in times of crisis. Your tinfoil hat ain't it.
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  3. or y'know the actual deaths and infection rate by age shows Scummo is right.
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  4. Holden never adapted to changing Australian consumer demand when cheaper AND BETTER cars come with the lifting of tariffs in the 80s and were too slow to adapt. Also we have compulsory Super for a reason and it is one of the most robust schemes in the world.
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  5. Getting ready for your economics education which you currently don't have.
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  6. because the RBA has qualified economists, not you. and 7 has a HIGHLY qualified financial analyst in Gemma to analyse it for you.
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  7.  @johnmerton3630  or they were there pre COVID 19 and is a mixture of monetary and fiscal policies
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  8. We have PLENTY of high tech, only Mr and Mrs Jo doesn't see it as consumer products are not profitable. Our medical sector (which is at the forefront of a coronavirus vaccine I may add), petroleum and mining sectors say differently. you think they don't use tech?
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  9. @:Mark-edward: Duck. EVERY SINGLE MONETARY SYSTEM HAS ALWAYS BEEN 'CONTROLLED'. You are aware interest rates are at least a 5000 year old thing right? Less 'woke', more economic history.
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  10. @:Mark-edward: Duck. and yes, 5 thousand, not 500. Maybe trust what Gemma says eh. She's A TAD more qualified than you.
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  11. Negative official cash rates DOES NOT MEAN a negative rate for Regular Joe. So many dumb people who don't know basic economics.
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  12. No.
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