nonsense, business cycles are critical. It’s the chartalans that get air time and for them it’s all about keeping the good times rolling. Opportunities for wealth transfer need to exist and the gov cannot continue to get away with reckless fiscal policy
this whole debarcle has come about from an over reaction to covid 19 and a tax system that favours unproductive assets (homes)
point the finger squarely at government
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- Will the RBA be able to keep banks afloat as fixed loans switch to variable?
Will the RBA be able to keep banks afloat as fixed loans switch to variable?, page-8
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