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Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists. ↗
We Brits print banknotes out in Debden in Essex, and have contracted it out to the private sector. Here in the U.S. it is a government operation right in the heart of Washington next door to the Holocaust Museum. ↗
#contracted #door #government #heart #here
Well they're very, very genuine concerns at present as to the status of the 800 people who are to be sent by Australia to Malaysia. There's concern about the status of asylum seekers in Malaysia generally, but there's concern about the status of the 800 to be sent. ↗
