Look at it this way, can you have something for nothing, NO. So what happens is if the RBA prints more money which they say they are going to do, and they do it puts more money in circulation on top of the so-called lost money which is due to inflation, and the more money you print the more inflation will spiral out of control, the financial mechanism of printing money does have it's placed, but probably only in times of strong and rising GDP and strong production and export industries are keeping the coffers rich through taxation. And employment is strong with opportunity.
But now we are in a situation globally because of wars and political upheaval which has acerbated supply chain shortage supplies. making living and paying of mortgages or renting almost impossible as rates go up to curve rising inflation.
If you look at the overnight figures commodities are down and most major indicators are down and so were the bond yields. YIKES.
This could be the big one. But back to the question about printing money, the consumers, people like you and me pay for it in rising costs, In other words a hidden tax, put that on top of rates and mortgages and a rental and homeless problem and you have as every day goes by a scenario like 1932.
Instead of everything working together if one sector fails a bit it can be propped up by another sector. But when all of them go at the same time.
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