Today I discuss governor Philip Lowe's speech last night on unconventional monetary policy. He discussed QE, negative interest rates, bond buying programs, private asset purchases & modern monetary theory. He believes Australia is heading along a good path & that wages growth will pick up to 3.5% in 2020 or 2021. But with global growth slowing & household debt so high. I think Australia & many countries may be heading into recession or another global financial crisis.

https://www.rba.gov.au/speeches/2019/sp-gov-2019-11-26.html

Date of Recording: 27th November 2019

Don't forget to Review, Subscribe and Share this Podcast around!

---

Join our exclusive crypto community: nuggetsne.ws/community

Learn the basics of Bitcoin and cryptocurrency: nuggetsne.ws/learn

Get free weekly analysis delivered to your inbox: nuggetsne.ws/email

Read our premier weekly digest: nuggetsne.ws/digest

Need 1-on-1 consulting with Alex? nuggetsne.ws/1-on-1

WANT MORE OF NUGGET’S NEWS?

What is Nugget’s News? nuggetsne.ws/whatis

Nugget’s News YouTube: nuggetsne.ws/youtube

Facebook: nuggetsne.ws/facebook

Twitter: nuggetsne.ws/twitter

LinkedIn: nuggetsne.ws/linkedin

Instagram: nuggetsne.ws/instagram

Reddit: nuggetsne.ws/reddit

DISCLAIMER: I am not a licensed financial advisor. My views are general in nature and should not be taken as financial advice. Always do your own research before investing any money.