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szaba_the_hut

14,069 Posts.

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18/08/23

08:14

Post #: 69409252
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Originally posted by angor532: ↑

we wont....unemployment went up last month

RBA overcooked it again

they overcooked on the way down with stimulus and overcooked on the way up with tightening

woke virtue signalling has infiltrated even our RBA

during the SCAMDEMIC, RBA was pressured by the wokesters in MSM, bureaucrats to ease way too much.....

we can be thankful that even with all that easing it didn't compare to the easing the UK undertook and which is now seeing their inflation stuck in the 6 and 7 range despite their cash rate being in the 5s

the Ukraine Russia conflict is the cherry on top of UK inflation......uhuhuhuhu

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i think there are lots of people in a debt trap that cant afford more rate rises but as can be seen by our dollars performance we will be in an inflation trap if it keeps sinking....

0.25 by October is my tip.

Lets send more money to Ukraine

Last edited by szaba_the_hut: 18/08/23
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