i am thinking the RBA will hike 0.5% again ( with a lesser chance of 0.4% to round the current rate )You are correct in that it could be inferred as misleading. however both points are true: "the CBA has increased it's fixed term interest rates", and, it is "just days before the next Reserve Bank board meeting". Edit: the journalists are good at that.
To what extent the fixed rates by CBA (and/or others that no doubt will follow) and the RBA cash rate are related can be discussed at some length.
There doesn't seem to be any speculation about what the RBA will do, everyone seems to be holding their breath till the new financial year.
will be like spitting on a forest fire
i am more likely to believe Mary Whitehouse than the US White House on statements about the US economyGdp at -1%.inflation at nearly 10%
That basically means the economy/wealth of the US has fallen by 10%???
In real term..not in $ number i mean
having been close and personal with GRASS fires , it looks to be MUCH worse ( in a hot forest fire some trees explode as the sap boils/burns ) ( and i can't spit very far )I would bracing for just a standard pissing into the wind level event.
This sounds much worse.
i am more likely to believe Mary Whitehouse than the US White House on statements about the US economy
having been close and personal with GRASS fires , it looks to be MUCH worse ( in a hot forest fire some trees explode as the sap boils/burns ) ( and i can't spit very far )
they were probably having ice-creams ( because the US economy hasn't improved a whisker )Rhetoric can always change.
Chair Powell didn't have a closed-door meeting with Biden in Q1 just to explain to him the economy is booming....
yes very bad , and the only solution the West has , is distraction ( aka a MAJOR war )So what your saying is, it looks bad.
I wonder if government will be keeping track of CO2 emissions in the war machinery and if they have will use renewables.yes very bad , and the only solution the West has , is distraction ( aka a MAJOR war )
they can't tighten ( liquidity ) they can't hike ( much ) i reckon they will go to war and delay bond redemptions ( and probably coupon payments )
That's a tactical thing, not an emissions thing. Electric bikes are very quiet/can't be heard by the bad guys. They're trying to do the same thing with all their vehicles but the battery tech just isn't there yet.I wonder if government will be keeping track of CO2 emissions in the war machinery and if they have will use renewables.
The Australian army has purchased electric motor bikes (no joke) in order to fight wars more sustainably and with less impact on the environment.
A bit off track but last month, a top jewellery in Paris was armed robbed, 9 cops arrived within minutes, but could not chase the robbers as they were on their new green bicycles;I wonder if government will be keeping track of CO2 emissions in the war machinery and if they have will use renewables.
The Australian army has purchased electric motor bikes (no joke) in order to fight wars more sustainably and with less impact on the environment.
Electric bikes are very quiet/can't be heard by the bad guys. They're trying to do the same thing with all their vehicles but the battery tech just isn't there yet.
A military environment is completely different to civvy street.
Matter of perspective. It looks bad for the common pleb. Looks great for investors.So what your saying is, it looks bad.
So is war in general an inflationary or deflationary force on the economy and how?
all the outstanding accounts ( at government level ) get ignored and any criticism is unpatriotic ( Russian Disinformation )So is war in general an inflationary or deflationary force on the economy and how?
MAYBE , the problem is modern governments like to pick the winners ( their crony mates and families )Matter of perspective. It looks bad for the common pleb. Looks great for investors.
That sounds deflationary?all the outstanding accounts ( at government level ) get ignored and any criticism is unpatriotic ( Russian Disinformation )
most meaningful productivity gets converted into 'the war effort ' as money disappears down rifle barrels and into new war toys , and of course the peasants are shamed into self-austerity and suffer rationing
OH and a big chunk of the work-force are never the same again
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