steve campbell
@steveUsename
Retired
ID:1538749067420848128
20-06-2022 05:02:49
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Mr Denmore The ‘mission’ is to keep their audience in a perpetual froth of fear, suspicion, envy, and loathing. They have it down to a fine art.
This by Stephen Koukoulas makes sense to me. Using tight monetary policy to bring down the global oil price, insurance premiums after floods, housing rents and private school fees is futile.
The RBA needs to trash its 'trimmed mean' inflation estimate & move to an ‘interest rate driven inflation rate’ target?
Interest rates have next to zero impact on the price of lamb, petrol, tobacco, insurance; but these can impact trimmed mean inflation.
au.finance.yahoo.com/news/rba-has-g…