RBA acknowledges people need help, page-17

  1. 7,151 Posts.
    Nice try.

    Interest rates are always political.

    Excessive spending (expansion of the money supply) will eventually lead to inflation.
    Those countries that seriously try to control inflation will put up interest rates.

    Only political morons like Clinton and AOC where claiming otherwise with their crass MMT.

    Ever wondered why over 50 cases of hyperinflation have been engineered by social democracy/stalinist. Every one have expanded the money supply and managed to pauperize most of their population. Why don't you have any sympathy for those victims?
 
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