Inflation 7.3%
Cash Rate 2.85%
Growth -4.45%
RBA is failing again after their crazy 0.1% during COVID
Not independent are they
Who pays the salaries of the Mandarins
Feel sorry for the Quants who work there
Imagine their reports
Don't drop rates to 0.1% it will cause runaway inflation
Hey - what about the COVID bogeyman ! (and our jobs)
Raise rates quickly to control inflation as Govt letting unions loose
Hey - what about our jobs !
AUD going south
Buy your tech and whitegoods cars anything sooner rather than later
As we make bugger all here
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- .25% means inflation set to rip
Inflation 7.3% Cash Rate 2.85%Growth -4.45%RBA is failing again...
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Glen Diemar, MD
Glen Diemar
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