As regular as clockwork the RBA always tackles inflation by driving the country into a recession. Crank up interest rates too high then stubbornly refuse to reduce them even as job are shredded and businesses are broken. Soon the wailing of defaulting mortgagee’s being driven from their homes will become deafening #auspol I’m old enough to have lived through several of these episodes. https://www.sbs.com.au/news/article/the-workers-likely-to-be-hit-if-a-new-unemployment-prediction-comes-true/lr2xbmbtu
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