Hilarious, post after post , day after day, denying you said ZIP faces "ever increasing interest rates" (which you clearly did as shown above) arguing even vaguely my own contention, that rates are plateauing and yet now another 180 degree flip again, arguing a couple of hours later on here rates ever increasing again;
"Now it looks as though households and businesses are going to continue to be battered by the ever increasing rates we are suffering under now/". Back at it...again!!
OMG you are hilarious, even used the exact same statement "ever increasing rates".
Flipper has done fewer backflips than you in his life than you have in a few hours. Pinnochio has a button nose by comparison....I can't believe anyone would so audaciously lie on a public forum, or have you gone from "ever increasing rates" to "plateauing interest rates" back to "ever increasing rates" in the space of hours?
Suggest you go trade the money markets Goofyfella58, there will be bond traders willing to trade billions against your view. Trillions in the US$ mkts.
Do you two know even know what Aussie Bank Bill Swap Rates are? Give you a clue, they are not the rate that you get for your holiday to Bali.
If only I could explain cost of carry, backwardization, contango and other wonderful "financial mkt jargon" to you on forward interest rate futures so you might actually be able to look at the Aussie money mkts and have even the remotest idea of forward interest rate markets (not nonchalant calls on social media, actual mkts with $billions backing them) instead of spouting this rubbish. Suffice to say the money mkts entirely disagree with you views on "ever increasing interest rates" and are willing to trade many millions against you should you care to back yourselves on those views.
Inflation decreases from near double figures stalled in both Australia and the US in August. Forward interest rate mkts ticked up a few basis points on that, not percentage points.
Go learn to look at a yield curve and stop spouting scaremongering rubbish on ZIP threads.
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