If the RBA can spend $300B to destroy the economy, why can’t it spend $300B to build the country?
In estimates I quizzed the RBA as to why they are using austerity measures rather than productivity measures to manage the economy. Austerity measures via sharp interest rate increases are only hurting the battlers who don’t deserve to suffer because of prior flawed decisions. It does nothing to control inflation as higher interest rates are […]
