Yes, I don’t see how they can fix supply side issues with a demand side response. If cost of living is a problem (consumer staples up 6% or so) then increasing mortgage repayments while real wages slide backwards rapidly will be a complete disaster.
The problem is leaving the RBA to do all the heavy lifting instead of governments investing in infrastructure, education and other things that raises Australia’s productivity (things the private sector can’t or won’t do).
- Forums
- Economics
- Inflation- Big pay rises- more inflation
Yes, I don’t see how they can fix supply side issues with a...
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)