Inflation and RBA, page-19

  1. 5,406 Posts.
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    A low AUD is inflationary, just look at the price of unleaded, saw it yesterday for $2.24 per litre!! Let alone the price of diesel, which feeds into all things transported. No wonder the prices in Woolworth's and Cole's has escalated and yet Albosleazy would have you believe that these supermarket chains are deliberately ripping you off.
    It's Albo's energy policy that is the root cause of most of our inflationary pressures in this country! .
    So that includes increased electricity prices due to inflicting us with unreliable renewables which is also contributing to hurting our supermarket chains. Just think what the extra costs they have incurred in their electricity costs that needs to be recuperated by increasing the prices of their groceries and other in store products! After all they too need to make a profit, so as to employ staff.
    Yet, Albo wishes to blame the retailers as the main culprits!
    Albo is always blaming someone else for his total incompetence and failures!
 
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