23 September

Paul Keating savaged the Reserve Bank yesterday. And rightly. The country has more than a million people without a job, and businesses sitting idle. The government should be pumping billions into the country right now, big handouts to ordinary working people, to get things moving. It doesn't ever have to pay it back, it OWNS THE MONEY. Simpletons think money is gold, that it has some intrinsic value. It's only a tool of exchange. Normally customers would have money and spend it in businesses. That's what circulates the money. When that can't happen, like right now, just give each of them the money directly. It's not rocket science.