Comments on Alan Kohler “Brazilian whacks”, 21/10/2009, http://www.businessspectator.com.au/bs.nsf/Article/Brazilian-whacks-pd20091021-WZRHV?OpenDocument&src=sph
There are indeed better ways to deal with Dutch disease.
One way is for the RBA to buy foreign currency and use that currency to buy suitable overseas investments like various securities with high liquidity.
Another way is to use that currency to provide loans to borrowers who need that currency.
Showing posts with label Dutch disease. Show all posts
Showing posts with label Dutch disease. Show all posts
2009-10-21
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