@cathywilcox It's such an easy way to make a living, working for the RBA...making hundreds of thousands of dollars, no doubt... Inflation going up? Let's fix it by throwing a few more plebeians out of work. Let's lift the mortgage rate and force a few more foreclosures. Landlords can just put the rent. We'll that's work for the next month.

@cathywilcox One of my big wishes out of this is that this time they wouldn’t get an out when this all blows up in everyone’s faces, like they have for all their decades of policy error. Raising rates was never going to work, rates can’t affect the external factors driving all the inflation. And there’s never any such thing as a “recession we had to have.” Never.