‘Shocking’ RBA Rates Blunder Caused ‘Untold Damage’
By Sky News Australia
Former Victorian Liberal Party president Michael Kroger says the RBA’s “shocking” rates blunder during the COVID-19 pandemic caused “untold damage” across Australia.
“The one thing the government could do, well, the Reserve Bank could be asked to do is explain why when rates were 0.1, they said rates were going to remain on hold until 2024,” Mr Kroger told Sky News Australia.
Here’s what others had to say:
David Irwin
Strange how Labors modeling is never allowed to be questioned.
Eamonn Reilly
No interest rate rise statement was given before ALBO got in with his inflation woke projects.
build Motosykletist
Wow, Conroy is now an economist in his own small mind.
kotlin Wombat
we could apply the same principles to so-called “climate change”
build Motosykletist
Labor can very easily fix power prices by opening up supply. [Fix the cost of housing by freezing immigration. ] Then they can fix inflation by cutting spending.
Paddy Nelson
This is too funny. So the Australian Central Bank did an,”Oops.” I bet they/them get you to pay for it. With CBDC this wouldn’t have happened.
Ray Music
There are two important things to note about this definition. The first is that fifth-generation warfare is not waged against either standing armies of nation-states or guerrilla insurgents but against everyday citizens. The second is that this war is not being fought in a battlefield somewhere, but in the mind.
I will expand the definition somewhat to include the fact that this war is being waged at all levels, not just the mental. The gist of it is this: Fifth-generation warfare is an all-out war that is being waged against all of us by our governments and the international organizations to which they belong. It is being waged against each and every one of us right now, and it is a battle for full-spectrum dominance over every single aspect of your life: your movements and interactions, your transactions, even your innermost thoughts and feelings and desires. Governments the world over are working with corporations to leverage technology to control you down to the genomic level, and they will not stop until each and every person who resists them is subdued or eliminated.
The most incredible part of all of this is that so few know that the war is even taking place, let alone that they are a combatant in it.
The best way to understand this war is to look at some of the ways that it is being waged against us.
WindSong3 WONG
I have full faith in the RBA.
They need to raise rates to contain inflation. Period.
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Resources:
https://youtu.be/ux1HiIGt-hE
https://www.msn.com/en-au/news/other/shocking-rba-rates-blunder-caused-untold-damage/ar-AA1a5BlG
