Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

by Boo_Randy

The bills are starting to come due for 14 years of Keynesian monetary malpractice at the central banks.

https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program

Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found.