HeliographMar 17

all good up in her ivory tower 😠 she earns almost 1 million per year so no worries for her  

“The #RBA’s decision demonstrates a central bank utterly lost to reality, as it raises rates regardless of economic data and the changes occurring in the world”

https://thepoint.com.au/opinions/260317-raising-rates-while-petrol-prices-soar-shows-the-rba-ignoring-reality-and-basic-economics

Raising rates while petrol prices soar shows the RBA ignoring reality and basic economics

The Reserve Bank has completely misread the economy and risked sending more Australians into poverty on Jobseeker by raising the cash rate to 4.1%.

Show threadJude🇵🇸Mar 17
@Heliograph Sigh...
Show threadHeliographMar 17
@sister_ratched and that all while Australia continues to supply subsidies, concessions and tax breaks to major #fossilfuel users and producers - estimate is $16.3 billion in 2025-26  it is ludicrous negligent and blasé
Show threadJude🇵🇸
@Heliograph Yes! The contradiction is eye popping!
Mar 17 at 5:23amWeb