lole wrote:Never heard anyone want it as low as 50c.
75c seems to be a popular balance between overseas purchasing being affordable to us and being low enough to keep export strong to international buyers.
Could be wrong though....
Yes, indeed it was said in an interview, may have even been Stevens himself or one of the vampire squid bankster associates...referring to an ideal aussie dollar, (ideal for exports - and therefore excise/tax revenue) eff the rest of us who 'consume' probably 90 something % imports...
A floating dollar only advantages the speculators....
The ideal dollar is backed by something, gold, silver, even copper, something to give it SOME tangible value as
money as opposed to the
currency that we use. Although we have learnt to call the plastic or paper bank notes that we buy 'stuff' with money, it is more correctly termed 'currency'....Money is something that has a tangible value (there more to it than just that too) where the value can not be easily removed at the whim of a bank (or say a government)....