This is a really good listen to. No matter what is happening between Trump and Powell, they are there to fund the government and create inflation. There is no separation between central banks and governments.
As if is this is real meeting, just a photo scoop to create a story for the media. LNP threw the election because they know Labor would increase immigration, increase inflation, increase spending and increase property prices more than they could (get away with) and didn't want to stand in the way of it. I didn't vote for either but if I had to I would have voted labor only because they were banning live sheep exports, I am vegetation and I know the animals suffer through transport and then 3rd world people butcher them cruelty. I voted for the other parties and a lot of other Australians did but Albo is now campaigning on doubling down on all policies because he claims Australia has overwhelmingly voted for him.
Albanese is deficit spending a lot and it won't stop. Any slowdown in the economy they will pickup on it up in and in an instant flood the system with more money like in 2022 when everyone thought a recession would happen. The fiscal spend will prevent a recession and increase asset prices, they have learned how to do this now.
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