Rising interest rates

[trev]

I agree with it totally. The problem with Howards surplusses was he used trhem to pay off debt and to invest mostly in Australian assets and shares etc. This does not reduce the amount of money actually in Australia and therefore act to slow the economy. Investing overseas with the budget surpluses however does reduce the money available within Australia to stimulate the economy and therefore this should be done as soon as budget surpluses return, which considering the way the economy is tracking will be within a couple of years.

[Dinner]

Let me know when the interest rates return to at least 1%. That would be a fraction of the 60 year rate but at least a sign the worries of deflation are over.