Despite the headlines, money is still free

The RBA is trying to scare Australians into spending less, but money is still incredibly cheap for businesses, writes Michael Pascoe.

You might have noticed the occasional headline about interest rates soaring, the Reserve Bank threatening to smash the economy, and the end of civilisation as we know it.

The reality is that, while civilisation might be under threat from other issues, money is still free and is likely to remain free.