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BANKING

26 January 2021 Bryan Kavanagh

AFR article: Oz banks get silver medal!

https://www.afr.com/companies/financial-services/australian-banks-get-silver-medal-for-fines-20210112-p56tj5

Once you allow banking to offer debt against the ephemera of the escalating land prices it inflates–land having no cost of production– maybe it’s understandable that banks start taking other liberties?

They feel ‘entitled’?

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