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John Woodrow
Sky News Australia
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Comments by "John Woodrow" (@johnwoodrow8769) on "RBA went ‘too low’ with interest rates to begin with" video.
No hindsight was necessary. For years the attempt to stimulate the economy with artificially low interest rates had been doing nothing toward business investment, and basically just created an asset boom. Inflation (when house prices are considered) has been out of control for the past 10 years, and the mess this was creating was evident for all to see.
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