27
Australia took its interest rate medicine – and it has poisoned our living standards | Greg Jericho (www.theguardian.com)
submitted 2 days ago by brisk@aussie.zone to c/australia@aussie.zone
12 comments fedilink hide all child comments

Guardian Economist Greg Jericho shows - with interactive graphs - how the RBA's interest rate policies have missed the mark and depressed Australian living standards in an unprecedented way.

you are viewing a single comment's thread
view the rest of the comments
[-] Eyekaytee@aussie.zone 2 points 1 day ago

where exactly did the rba get it wrong? spending is repressed because of the rba as he points out, but is he saying inflation isn’t a problem? that we are not spending too much even though inflation is up and the rba has indicators to suggest it’s us spending on services (remember the haircuts comment?) the article feels half finished to me

this post was submitted on 21 Nov 2024
27 points (100.0% liked)

Australia

3579 readers
79 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
lodion@aussie.zone
Fluid@aussie.zone
bestusername@aussie.zone
eatham@aussie.zone