Wednesday, December 26, 2012

The Reserve Bank of Australia Explained

Thanks to Bruce for the link to the following video. The parody of the RBA's gold holdings is very topical in light of their recent admission that the RBA keeps 99.9% of our their gold reserves in the Bank of England (see post).

Shaun Micallef from 2008, please note the reference to rising interest rates is no longer valid.

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