RBA 10th rate rise has further increased couples buzz kill plans to eventually have several kiddies.

     Couples whom delayed having their first child in order to save a 20% deposit for a mortgage loan, having property prises increase since say 2015 to add more urgency for saving money, making using whatever savings for a home loan deposit more difficult to achieve. Those first home buyers whom managed to obtain a property, having delayed their first child, due to not planned for increasing interest rates monthly payments, women must maintain employment longer than previously planned without being able to afford that first planned for child.
     Increasing rent payments for those whom were unable to have a home mortgage have similar problem issues when planning to have children becomes unaffordable.

     I have posted previously that there exists a governing establishment conspiracy to seriously reduce population growth compared to previous many numbers of children families generations born before WW2. Immigration from countries whom have population growth issues make up the difference in falling existing population growth, seemly few to no media talk programs that I’m aware of mentions how increasing interest rates affects existing population birth rate numbers.

     My awareness that such above stated theories are not easily excepted, I blame government controlled education quiz show and crossword puzzle learning culture thought to be intelligent and wise citizenry for influencing citizenry behaviour to only react in quickly searching memories for already believed information to confirm whether acknowledged statements are true or false stimulated by brain chemical rewards to self-judge correct delusional belief in intellignce, not considering whether acknowledged statements have a degree of probable truth influencing existing beliefs to be questioned as incorrect.

     I remember an early 1980s statement that first buyers of property couples thereafter 1977 during the first 2 years (post WW2 baby boom) property buying boom, women were asked to sign a statement that asked women whom were contributing to mortgage servicing payments using employment not to have any children for the first 7 years. Such a memory was confirmed to be true by once employed as a bank manager, Mr X.
     Than there’s my previous post which stated after 1980 around 1 year periods of 7% variable mortgage servicing payment buying property periods with as high as 22% variable mortgage servicing around 1 years periods, not being easy to find using web search criteria to confirm my statements.

     Another previous posting stated RBA cash rate rises increases inflation rather than aids reducing inflation. Business balance sheets will indicate increased interest rate expenses, increased costs of businesses forcing prices of sold goods and services to rise. Businesses will reduce selling goods and services that were previously while under lower interest servicing marginally profitable. As reducing goods and services effects supply and demand, prices can rise as fewer goods and services balance with reduced demand. With reduced demand reduces profits further placing pressure on businesses to increase prices to make up the lost profit margins to aid paying for existing plant equipment loans purchased during low interest rate expansion periods.

     Though sudden increases in crude oil prices due to Russia invading Ukraine 1 years ago, counties like India are buying cheap fuel from Russia and not from previous suppliers, reducing crude oil prices to under US$100 a barrel for some considerable time.

     I notice Woolworths supermarket prices are increasing way above 1 year ago prices, that specials are mainly on slow to move luxury products, I wouldn’t bother buying.

     Even my difficult to convince on most of my theories about outer-space rocket travelling who states “rocket engines push against themselves” who cannot detail what he means, retired school principle who agrees RBA interest rate rises are inflationary.

     My most recent post tries to convince readers school refusal complainers of anxiety are learning to be difficult to learn, that sudden awareness of learning something previously unknown causes instant anxiety, which influences adults whom are not under school teacher demands to comply, adults with more free will to reject caring about acknowledging unknown presented information, will quickly reject learning any not previously understood knowledge, resort to believed intelligent delusions: sports action judgements; gambling addiction; drug addictions; alcohol consumption; simple self-medications.

     To readers whom are accustomed to short statements no need to think past existing beliefs, the above challenge is to compress all above paragraphs into a complete understanding that what readers want to believe (society is free wheeling market forces divine) may not be realistic.

steve9