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Labor Must Not Leave Inflation Fight To RBA (Read 245 times)
Sir Grappler Truth Teller OAM
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Re: Labor Must Not Leave Inflation Fight To RBA
Reply #15 - Today at 12:07pm
 
Of course Labor will 'leave the inflation fight to the RBA' -the RBA is their mouth-piece - their echo chamber - stacked with mats on a very comfortable earning thank you, to follow the dictates of the govrnment and the banks who function in unison to ensure profits.

You don't expect the likes of Albowong, Snake Chalmers and such to dirty their hands actually doing something, do you?

Fix the dysfunctional economy?  I've been doing that for years unheard - developing the GAIA prospects in their sweeping majesty, rejecting Offshore Robber Barons getting hold of resource extraction for a song and paying no tax, construction of The National Sovereign Superannuation Fund to benefit all Australians, demanding a cut to mass immigration and the reduction of incompatibles, chopping out the dead wood in academia and government ...... draining the billabongs.... restoring reality and genuine equal rights for all ....
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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
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lee
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Re: Labor Must Not Leave Inflation Fight To RBA
Reply #16 - Today at 12:41pm
 
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Bobby.
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Re: Labor Must Not Leave Inflation Fight To RBA
Reply #17 - Today at 1:03pm
 
lee wrote Today at 12:41pm:



Good meme -

Why was there an interest rate rise?

https://www.afr.com/policy/economy/chalmers-spending-claim-debunked-by-budget-wa...

New figures from the independent budget watchdog show that higher government spending caused about two-thirds of the $57 billion blow out in the deficit in the next decade, debunking claims by Treasurer Jim Chalmers that weaker tax revenue was mainly to blame.

Numbers from the Parliamentary Budget Office, Treasury, economists Chris Richardson and Stephen Anthony and shadow treasurer Ted O’Brien all show that an increase in future spending was the chief cause of a post-election blowout in the deficit over the medium term.
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