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Wave of money points to pressur...

Wave of money points to pressure on RBA to lift rates

A wave of inflation is about to wash over Australia, compelling the Reserve Bank to lift interest rates, if the long forgotten, but reliable, link between increases in prices of goods and services and changes in the quantity of money in circulation still holds true.

A wave of inflation is about to wash over Australia, compelling the Reserve Bank to lift interest rates, if the long forgotten, but reliable, link between increases in prices of goods and services and changes in the quantity of money in circulation still holds true.…

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