Economic DEBT issues...
Inflation MUST be considered an AUSSIE Problem...NOT LNP.. Not ALP......... Regardless of WHO was to blame, Excess MONEY was injected into Our Economy and Inflation Became "rampant".. 2019 onwards..... COVID CASH was instrumental in creating the spending rampage!
It is on going ---Wage Rises / Price Rises ------- Chicken or Egg?
Key policy MUST Be --- Tough on the population, BUT, lower "spending" is the only general economic solution for Inflation.
How is Lower spending achieved....Higher Interest Rates, stagnant Wages ---BOTH are extremely Unpopular.
The end result is RECESSION...... even DEPRESSION if it gets so bad.
and BTW...... Its GLOBAL = AUSTRALIA cannot avoid it.
- Forums
- Political Debate
- Economy tanking under Labor
Economic DEBT issues... Inflation MUST be considered an AUSSIE...
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)