LtE's 7/6 (late edition)

CP – To comment on “RBA lifts rates yet again”, 07/06
GCB – To comment on “No relief in interest rates pain”, 07/06
CM - To comment on “Rate rise trigger”, 07/06
DT - To comment on “CPI shock left Lowe with few options”, 07/06
HS - To comment on “This bitter pill is the lesser of two evils”, 07/06
Oz - To comment on “Pain, blame and at this rate, it’s not over”, 07/06
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Some people believe the most egregious economic mistake governments make is outsourcing responsibility for controlling inflation to central banks. But it’s no “mistake”: it’s a blame-shifting exercise, (“RBA lifts rates yet again”, 07/06). Inflation is always created by government policies, as it is this time.

The RBA does not have its hands on the levers that could contain inflation: the government does. The four primary levers are energy, immigration, taxation, and regulation. Admit that CO2 cannot cause climate disasters and go back to cheap, reliable hydrocarbon-based energy. Cut immigration to net zero to end the housing crisis. Reduce taxation to grow the economic pie. Slash regulations, particularly all those handed down from globalist bodies such as the UN, WHO, and WEF to increase productivity.

This is obvious to everyone with a three-digit IQ – which is precisely why the globalists put operatives with two-digit IQs at the top of our government bodies and political parties.

Jennifer Short
Edge Hill