RBA's decision on interest rates a choice between two evils: recession or inflation (www.abc.net.au)

submitted 4 months ago by zero_gravitas@aussie.zone to c/ausfinance@aussie.zone

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[-] Dimand@aussie.zone 2 points 4 months ago

That will stop people wasting so much money on checks notes fuel and food. In the RBA's defence, they are damned either way, and they have no other influence mechanism.

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[-] minimumchips@aussie.zone 2 points 4 months ago

And consequently this degrades peoples trust in our public institutions. "They only have one lever". Yeah, and it isn't having the intended effect.

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[-] hanrahan@slrpnk.net 1 points 4 months ago

the problem is we're too rich

https://slrpnk.net/post/37557537

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this post was submitted on 05 May 2026

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