Thankyou for the link Infose but I am just a simple older person...

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    Thankyou for the link Infose but I am just a simple older person not well versed in economic jargon. Can you put it in simple terms; if you have the time and inclination; so people like myself might understand.
    I know the economy was in trouble preceding covid19 and that is why the RBA was reducing interest rates.
    I wonder why the economy has rebounded so well after a bloody terrible year in Australia.
 
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