"but what is this "and people take whats coming to them"? what it is you expect we people to take?"
The effect of killing inflation off quickly and effectively. Trying to nurse the economy to a miraculous soft landing is not likely , so if the RBA want to kill off
inflation they need to be more aggressive, rip the bandaid off and get on with it.
That has consequences and some people will suffer short term pain, but it's better that than inflation dragging on for years to come.
Services inflation has been out of control, the cost of labour in some industries has got to ridiculous levels.
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