When the RBA increases interest rates, many people need toto the fall in consumer demand and drop their prices accordingly.Which country has the highest inflation rate?
According to the World Economic Forum, over the past two years inflation rates have doubled in 37 of 44 advanced economies."Turkey has experienced high inflation for years, but it shot up in late 2021 as the government pursued unorthodox economic policies, such as cutting interest rates rather than raising them," theWatchATO warns you can't over claim at tax time to help with cost of living.
What is inflation? What causes it? There are many causes of inflation. The main ones are excesses money spend on unnecessary purchases and prices rising to a point where the population cannot afford to pay. We are in the latter, yet the central bank raises interest rates?
Corporate greed.
'companies respond to the fall in consumer demand and drop their prices accordingly', yeah I call bullshit on that. We live in a world where 'record profits' are the norm. 🤨
Where's all these plans Albo had to fix the problems?Chalmers tells us that inflation is rising but no plans for fixing it,where's the thousands of nurses for aged care?what about the northern rivers?what about high fuel prices?what about the cost of fresh produce?lying Labor
unmmm….when stuff gets expensive
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And yet once again no consequences!VoteOutEveryRepublican
Inflation - USA ego
Thanks for raising this issue I wasn’t sure what inflation was and this really helps me understand.
Inflation is growth in 'broad money' from uncontrolled credit expansion and QE, money printing. Look to the RBA if you want to apportion blame.
So many bad takes in the comments lol
The energy price increases are significant but permanent. These won't come down even when inflation drops.
Biden shut the energy system down just like he said he would. As much as he could anyway. The market saw it coming when he got elected.
Hey what about the leading bullshit story about vaping?.. funny how its all over the TV but not on social media, cuz it's beat up fluff
First, make the proles pay more on their mortgages so they can buy less food, transport, communication, clothing, education & discretionary items. Then 'As they rein in spending, companies respond to the fall in consumer demand and drop their prices accordingly.' Should work.
You definitely can’t blame Russia.Most of its coming from Saudi Arabia.They reduced oil consumption. Profiting on all countries.Fruit & Veggies .Yes had to do with floods .But also because Morrison failed with visa applications for backpackers.Leaving our farmers with no workers
inflation is when rich people print lots of money to stop them experiencing what everyone else will, and then are too greedy to take that money back out of the money supply. and you all pay for it.
It's getting a bit like socialism. Greta renewables aren't failing, it wasn't real renewables.
Is inflation another way governments can steal the average persons money and make the middle classes poor?
It's not inflation, it's price gouging.
How inflationary are tax cuts and tax evasion by the wealthy?
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