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RadioMMTAuthor: Anne Maxwell & Kevin Gaynor
Economics for the rest of us! Language: en-au Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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#071 How Banks Steal From The Poor And Give To The Rich
Thursday, 26 March, 2026
Kevin & Katy re-examine banking and credit. What happens when we remove banking from our economic system? Can our economy survive without bank credit? They discuss the lunacy that is monetary policy. The government's bank, the Reserve Bank of Australia (RBA) has decided to steal from the poor and give to the rich, in order to curb inflation by increasing interest rates. This of course, leads into a brief discussion on inflation and why the world as we know it is about to end. Shownotes Theme MusicPleading Ignorance, by Ed Kuepper, from the album Starstruck. Additional Audio Too Many Things, by Ed Kuepper, from the album Starstruck. Germfree Adolescents by X Ray Specs
