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Peter - to my understanding the discrimination you mention against gay couples was one of the first things removed when Mr Rudd came to power. Including giving gay partners the same access to military and other pensions left behind by a deceased spouse as enjoyed by the straight community...

I didn't say it fixes the economy - it just fixes real economic deflation. Asset prices can still collapse (asset price deflation) and a recession / depression can still be triggered. But real deflation can always be prevented by printing money. Printing money is completely sustainable -...

Why? Central banks can completely stop this just by printing more money, either through loans or other means. Why wouldn't they do just enough of this to prevent deflation? I can't see how real economic deflation is a risk as tweaking the supply of money fixes it. Asset price deflation is...

A bit of confusion in this thread IMO. The US, UK and European central banks have been effectively printing money. The money doesn't have to come from anywhere, there is an infinite supply of it on tap - as Bill.L used to say on this forum it is the creation of man. Reserve Banks are the...

The old adage that "it's the economy, stupid" cuts both ways of course... this could get interesting! Seems like an ideal time to be buying assets when everyone thinks the world is about to end yet the data is actually saying everything's tickety boo... but of course, armageddon is always...