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Governments, and specifically lazy politicians.


Housing costs is the biggest contributor to inflation, people need higher wages to pay the mortgage and rent. Higher wages lead to higher costs.


Governments, including local councils, are addicted to increasing population numbers to fund all their pipe dreams.


Some of the pipe dreams include regulations that increase the cost of living, health and safety, climate action, renewable power generation and storage. These added burdens increase the cost of building and add to the expenses of household budgets, which requires higher wages and increases inflation.


People want to save the planet, they want to help the poor and war traumatised, we want better healthcare, we need to look after our elderly and disadvantaged. So, governments create new bureaucracies and systems to give us things like the NDIS, and Royal Commissions to find answers, regulations to improve health and homelessness, and a myriad of other measures that strain the budget.


The worker has to pay more tax, higher insurance, increased power and fuel bills. This requires higher wages, which increase inflation.


Businesses and government input cost increase due to the higher cost of power and wages, and ultimately the goods and service that they use and offer. They increase the cost of their product, which in turns causes inflation.


People struggle to pay all their bills. Wages cannot continue to increase. Governments step in and offer 'cost of living relief' in way of cash payments and tax relief. Which increases inflation.


Where did this all start? Governments, specifically politicians poorly educated in economics and history.


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