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Inflation we are currently seeing is caused by supply side...

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Dochico

3,278 Posts.

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01/11/22

14:50

Post #: 64525515
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Originally posted by ex bull: ↑

Under pressure from Chalmers Lowe has chosen to keep his job in lieu of tackling inflation.

Labor sees inflation as a way to reduce their debts leaving more cash TO reward the mountain of cronies who have their hands out.

Inflation means that Labor's debts are reduced by the commensurate amount.

That's why they want unions to rip in and gouge to compensate for the expected raging inflation that Chalmers and Albo dream of.

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Inflation we are currently seeing is caused by supply side problems, not the demand side. Raising interest rates fast at this point will just push more people into poverty.
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