swan slams coalition over inflation legacy, page-10

  1. 35,149 Posts.
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    Hi Misty True there is no simple answer to control inflation but higher interesrt rates is not the answer as that just flows onto the costs of everything. Some form of control on credit would help but Keating abolisted the federal governments control on that. As a start I would suggest that the tax cuts are put of in exchange for an arrangement with the reserve bank not to increase interest rates. I will get howled down on this as it would be an unpopular suggestion but a dose of some nasty medicine to start with could help control the desease Cheers Towie
 
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