In other words ... the CBA share price might go either way
This doesn't mean your comments are any less valuable
They are helpful and clear
It's always best to know why, what to expect, and how to prepare.
So, genuinely, thank you for your traffic report
For what it is worth I am in total agreement with the "retiring" RBA Governor
A productivity boost is the most critical economic factor
My diagnosis ... Australia is over committed to luxuries and pleasure
My solution ... nationalise the global cruise ship industry
Use the ships to house the homeless and in Australia's case all the skilled immigrants
Next abolish all forms of professional (not amateur) sport where so much energy
and so much money is wasted on pleasing hysterical followers.
Next abolish all forms of money wasted on over the top advertising and trashy TV and films
The addiction of the population to entertainment is like the fall of the Roman Empire
I am all for fixing the environment in sustainable ways
I doubt that anyone understands the costs
Especially the impact on inflation
I suspect that two thirds of inflation is caused by greedy corporate over-pricing
I await a call from the new RBA Governor - no charge for the above advice
(20min delay)