Federal Reserve hikes interest rates but gives RBA room to pause – ABC News


…It wouldn’t be the first time a US banking crisis has saved Australia from its own mortgage and potential banking crisis….

Comment by tonytran2015: There are two unavoidable rules: 1. Issueing fiat money without increase in productivity must lead to inflation now or in the future. 2. Issueing too many Treasury Notes increases interest rate. Only discipline spending can save USD.