Normal
Not trying to be rude or funny here. I just thought changing a few words in BSD's original post was the best way to make my point without writing something long and complex. Inflation is approaching concerning levels in Australia.Inflation is a result of an increase in the money supply.Australia has not been able to respond to terms of trade booming due to massive capacity restraints.We cant hire enough skilled workers due to lack of training and the consequences of 1990's economic rationalism, outsourcing and privatisation. We haven't spent money on simple stuff like communications, rail and ports and water, gas and electricity.This is frightening...Anyone else contemplating water and food shortages, inability to find a tradesman to do the work, housing becoming unaffordable, the lights going out and interest rates 1%+ more than current due to our collective short termism.
Not trying to be rude or funny here. I just thought changing a few words in BSD's original post was the best way to make my point without writing something long and complex.
Inflation is approaching concerning levels in Australia.
Inflation is a result of an increase in the money supply.
Australia has not been able to respond to terms of trade booming due to massive capacity restraints.
We cant hire enough skilled workers due to lack of training and the consequences of 1990's economic rationalism, outsourcing and privatisation. We haven't spent money on simple stuff like communications, rail and ports and water, gas and electricity.
This is frightening...
Anyone else contemplating water and food shortages, inability to find a tradesman to do the work, housing becoming unaffordable, the lights going out and interest rates 1%+ more than current due to our collective short termism.
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