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Actual Facts
Sky News Australia
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Comments by "Actual Facts" (@actualfacts1055) on "‘Outrage’ continues to grow towards RBA governor Philip Lowe" video.
Lowe is not the Treasurer, he just cleans up the mess caused by the Treasurer.
30
Chalmers finds it hard to understand that you need higher interest rates to stop inflation going higher.
12
The Government needs to reduce its spending otherwise interest rates go up, economics 101.
10
It's the dentist's fault that I didn't clean my teeth and now I have to pay for it.
2
We need Plibersek to allow more coal mines so that we export more, just a bloody suggestion.
2
Borrowing money to spend is the problem.
2
People I mean halfwits didn't complain when interest rates kept falling for nine years under the Coalition.
2
Inflation would now be 50 percent otherwise.
1
Brittany is too busy counting her 3 million to care.
1
If Plibersek approved more coal mines it would be happy days for everyone but Australia has to pretend to save the whole world from climate change remember.
1
Did they invite multi millionaire Brittany as well ?
1
He hates Labor and for good reason.
1
It's all the fault of Lowe and greedy companies, that what half witted Labor voters think.
1
Cut funding to the NDIS in half by restricting it to severely disabled people only, it's not rocket science.
1
@innocentbystander8038 Higher interest rates means less borrowing and more saving meaning less demand putting a dampener on prices. The high oil price has had a big effect and rising wages will too. Less money to spend means we buy fewer imports sending less money out of the country. Inflation means that we are living beyond our means by borrowing money that we can't afford to pay back. The pandemic is still causing inflation telling us that we are trying to live beyond our means. People can't afford to eat out so they are spending more at supermarkets increasing demand and prices. It's a complicated story but everyone has to do their own thing, you can never depend on Governments to hold your hand.
1
@innocentbystander8038 I wonder what the inflation rate would be now if we still had low interest rates ?
1
@innocentbystander8038 The Government has one job, to get out of the way of our export industries.
1
The Voice and pretending to save the world from climate are more important than the cost of living surely, Albo thinks so.
1
Living beyond your means is silly, stop it.
1