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#11 | |||
Donating Member
![]() Join Date: Mar 2007
Location: Heading thru Hell (Corner)
Posts: 8,185
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Quote:
https://www.abc.net.au/news/2022-08-...vice/101327530 I recall a story on the ABC radio a few months ago, and the economist being interviewed said there was basically three or four things that could be done to help control inflation. I can't remember the detail, but basically he said all but increasing interest rates were either outside the government's control or for those controllable by the government, no government would make these choices as they would be received negatively by the voting public. As the government has no control over the RBA decisions, all governments were happy to allow the RBA to take the brunt of having to make the tough decisions.
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