Who causes inflation?, page-168

  1. 47,492 Posts.
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    "You know I'm no fan of Morrison".....YET "controls the money supply so this statement is 100% correct.Anyone who disputes this fails at the first hurdle.The government controls official interest rates, government spending and sets the regulatory environment that everyone has to comply with.It's all on them and no one else."

    yet you lay all the responsibility on the Labs. when it was Morrison who stupidly enabled inflation to race along unchecked for 16 months.

    he prevented the RBA from speaking and/or acting to manage inflation, and M. promoted spending thus pushing inflation even more.

    why blame those fixing the problem and not address the cause?
 
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