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Who causes inflation?, page-151

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Reaper11

21,241 Posts.

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02/09/24

10:45

Post #: 75484182
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Originally posted by ezirida: ↑

The govts most important task is to continuously review and reform the law as it affects Australian society and that is ultimately a balancing act.. a very difficult one..

As far as inflation goes any decision made by a govt or by a business or by an individual that directly contributes to a variable in the basket of costs measured to determine inflation IS contributing to it

to deny that is just an admission of a complete lack of intellect or a serious flaw in financial literacy

the previous govt nor this govt have the skills or political balls to actually deal with structural inflation that's just the way it is

An Argentinian style hatchet job to spending is the only way out and that means NDIS, Centrelink, the public service, health, even defence & infrastructure would all be in the firing line

But to truly make it stick then tax welfare would also have to be slashed..

The only thing that deserves tax welfare is enterprise that is spending that generates competition, new products, new solutions, new innovations, new jobs

that would go some way to rooting out the structural inflation that is slowly killing this country

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