Watching The Business on the ABC and…
I have to ask a few questions:

WIth so many neo-liberal economists taking up #Stagflation, #Inflation and #CashRate increases whether or not the war on #Iran comes to an end soon - are we looking at a self-fulfilling prophesy? Helped along by businesses raising prices ahead of the curve in a attempt to head off increasing #FossilFuel costs?

No one is talking about how well or otherwise the Australian economy is poised to cushion the predicted global economic shocks (Ie. The penetration of Renewables, rail transport, EVs, HousePV/btty systems, ICE Gas conversions, Fuel stocks and supply lines in Asia, price controls, etc.). Maybe because that’s harder to do than hitting the panic button.

Stock markets and shareholders ought not to be the be-all and end-all of economic life!

There are no hard, written in stone, rules about how to run an economy but for neo-classical (read neoliberal) stranglehold on economic thinking and political will or the lack thereof.

Yee gods help us all…

#Economics
#AusPol