What is the RBA doing about inflation? You could say zero, nothing, nadda but that is wrong, they are still pumping inflation.
Keeping interest rates at 0.1%
Inflation only 3.5% oh really, it's still above their mandate of 2%-3% but rates are 0.1% what about savers and they have to pay tax on the 0.1%
RBA Central Bank balance sheeit still buying government debt and mortgages like a drunken sailor.
Still cranking the money supply at 100%+ levels at year over year rates (M0)
Invest in good gold companies (personal favorite are explorers with a find and growing their resource) and lesser extent some energy stocks, I don't think it's too late but it would have been much better to get in earlier.
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