But RBA governor Glenn Stevens made it clear last week he would have none of it. With higher inflation would come higher interest rates. "There is no reason that savers, any more than wage earners, would be prepared simply to accept an erosion of their financial position," he said. Join discussion...

Michael Pettis has not so good news for the global economy. Join discussion...

It is becoming politically impossible for Germany to continue stumping in bailout money for countries like Greece. Which means, the chances of another GFC is increasing. Join discussion...

This is a coming debt tsunami for the US. Join discussion...

One of the nasty side-effects of China's miracle growth. Join discussion...

But before a crash can run its full course, floodgates of money printing will open. Join discussion...

This will have an impact on the unemployment rate. Join discussion...

Take a look at the chart that shows RBA cumulative reserve holdings. They are the only central bank that is negative. This is quite interesting. Join discussion...

"Everyone (including China’s leaders) know where China needs to go, but whether there’s the will to go there is another matter." Join discussion...

This will have an big impact on the unemployment rate in the months to come. Join discussion...