RBA is weak, rise it by 0.75 if they really want to contain inflation.
If you put a frog in a bow of water and slowly adjust the temperature up, it will die in the bowl.
If you put a frog in a hot pot of water it jump out and survive.
This 0.25 rise for the last 11 times will slowly kill Australia.
and by the time they realize it we are in recession.
The moral of the story is rise it slowly people learn to adjust even though they cant afford it.
But there is so much adjusting they can do and at some point it will break them. (bankrupt)
Rise it hard and fast, people who cant afford the payment will jump out and survive and savage what they can.
If you put a frog in a bow of water and slowly adjust the temperature up, it will die in the bowl.
If you put a frog in a hot pot of water it jump out and survive.
This 0.25 rise for the last 11 times will slowly kill Australia.
and by the time they realize it we are in recession.
The moral of the story is rise it slowly people learn to adjust even though they cant afford it.
But there is so much adjusting they can do and at some point it will break them. (bankrupt)
Rise it hard and fast, people who cant afford the payment will jump out and survive and savage what they can.