Businesses and mining will be closing due to runaway inflation because the RBA failed to do its job as did government with all the spending meaning prices are far too high.
Central Banks, created in the early 1900's are supposed to keep inflation in check.
Now we have 40 percent effective unemployment and rising while inflation is challenging 100 percent in many parts of the world
Clearly rates should be north of thirty percent and taxes on land and buildings should have been brought in long ago
