RBA's Lowe: We can effectively create money without limit

Not the best choice of words by Lowe there

  • Other central banks have bought a lot more debt than we are planning to do
  • Not ruling out buying bonds outside of the 5-to-10-year range
  • Not particularly concerned rates will push up house prices excessively

I mean we all know it and we all think it but to outright make a statement like that, ugh.

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