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Central Banking for Monarchists

From the not-always-reliable Real Time Economics blog:

and the exception, the Royal Bank of Australia, which has been raising rates lately to fight inflation in the commodity-rich economy, to boost its key rate from 7.25% to 7.5% later this year.

posted on 21 March 2008 by skirchner in Economics, Financial Markets

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Comments

Given the disdain with which they treat their subjects, and the reciprocal servility, maybe “Royal” isn’t so inaccurate.

Posted by benson  on  03/21  at  04:28 PM


Off with their heads!

Posted by .(JavaScript must be enabled to view this email address)  on  03/25  at  01:37 AM



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