(Sydney house prices are
going through roof because of RBA’s massive daily cash injections.)
![]() |
| Crowded suburban houses in Sydney's West. |
At that inflated price one can easily buy a brand-new 4 or 5-bedroom beach house on a New York beach like the famous Rockaway Beach. But for a small old house on a bland street in a crime-ridden poor suburb in Sydney’s West or South-West? What the hell is going on in Australia, especially in Sydney?
The answer is quite simple. The Australian central bank RBA (Reserve Bank of Australia) has been printing and injecting massive amount of cash into the banking system with the good intention of reviving the rapidly slowing economy apparently due to the slowdown in China.








