Dimand comments on RBA's decision on interest rates a choice between two evils: recession or inflation

[–] Dimand@aussie.zone 2 points 6 months ago (2 children)

That will stop people wasting so much money on checks notes fuel and food. In the RBA's defence, they are damned either way, and they have no other influence mechanism.

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[–] minimumchips@aussie.zone 2 points 6 months ago

And consequently this degrades peoples trust in our public institutions. "They only have one lever". Yeah, and it isn't having the intended effect.

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[–] hanrahan@slrpnk.net 1 point 6 months ago

the problem is we're too rich

https://slrpnk.net/post/37557537

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