Interest rate cut tomorrow will be a long term disaster!!!, page-2

I would even say if the RBA makes another rate cut it is effectively holding economic activity to ransom by rising prices and forcing buyers who would normally buy and do things to stop hold off and procrastinate, take opportunities and invest as prices get to high as the valuations are biased to past values versus future activity.

The millennials are getting killed by the lower rates forcing prices higher so they lose empowerment to activate and succeed while the retirees are losing income from lower interest rates from savings all protect the losers in society to ensure they keep making bad loans and misdirecting spending making the economy more dysfunctional and backward reducing more growth!!!