You didn't notice that quantitative easing was mainly the province of right leaning governments aiming to preserve the asset prices of the ''haves''?
I am grateful to them , but I wont pretend I deserved it.
In saying that , most states and the feds should be running less expansionary budgets. , even if it does produce more crocodile tears from the right about the over-hyped , '' cost of living crisis''
Should have wiped out all the tax cuts.
Below a chart of this century's interest rates.
Australia Interest Rate (tradingeconomics.com)
