Starting to get off topic a bit, but increasing interest rates seems like such a waste of a way to curb spending (personal spending). I mean..who benefits? (Central banks)
You mentioned sliding scale GST type scenario...
I was thinking a sliding scale compulsory super contribution from after tax pay. That way, no extra burden on business but tax payer reap some benefit further down the track in retirement. If the alternative scenario of interest rates being dictated by business investment rather than personal spending is correct (which i hadn't thought about till now), then hit business for the extra contributions.
In my (simple) mind it has the same effect, less money to spend. At least it goes somewhere useful for later on.
