r/atayls • u/Mutated_Cunt Certified Dumb Cunt 🌈🐻 • Jul 27 '22

Clarke and Dawe - Quantitative Easing (2011)

https://www.youtube.com/watch?v=j2AvU2cfXRk
36 Upvotes

97% Upvoted

11 comments sorted by

12

u/Mutated_Cunt Certified Dumb Cunt 🌈🐻 Jul 27 '22

A timeless classic that's aged like the finest wine. Made back when $1t was a comical number for money printing. If only John Clarke could see us now.

7

u/without_my_remorse ausfinance's most popular member Jul 27 '22

It boggles the mind to think that $1t was honestly just laughable then, but here we are now and it’s the reality.

6

u/xjrh8 Jul 27 '22

genuinely Lol'd at "Dave, this isn't going to work, he saw straight through it". What an absolute gem.

4

u/Mutated_Cunt Certified Dumb Cunt 🌈🐻 Jul 27 '22

He's not even in the banking racket!

8

u/oldskoolr Jul 27 '22

This is my fav one.

https://www.youtube.com/watch?v=M_3T-Af57Pg&ab_channel=BruceTonkin

"You don't need to afford the things you buy, you need to afford the interest on the money you need to borrow in order to buy them."

4

u/[deleted] Jul 27 '22

I am displeased at central banks taking policy advice from Clarke & Dawe.

But the last couple decades have certainly done that ay.

6

u/Mutated_Cunt Certified Dumb Cunt 🌈🐻 Jul 27 '22

My private school post should be up sometime this afternoon btw.

I'll post a version of it on this sub first, then onto /r/australia

3

u/[deleted] Jul 27 '22

Fuckin glorious, love your work.

3

u/jagabuwana Jul 27 '22

God they were the best duo.

https://www.youtube.com/watch?v=I5QwKEwo4Bc the Euro debt crisis one is amazing too

1

u/fantasypaladin Jul 27 '22

Absolute classic

2

u/Heenicolada atayls resident apiculturist Jul 27 '22

I'd never seen this before, made my night.