Unconventional Monetary Policy, Negative Interest Rates & QE - Lessons From Overseas

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.