Economists Say DIY Recession Will Get Australia's Inflation Under Control

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  • Опубліковано 5 тра 2024
  • Some economists are suggesting that cashed-up Aussies should curb their discretionary spending in order to force a recession and crush inflation, but is it fair to expect Australia's homeowner "have-lots" to close their wallets?
    #Inflation #Recession #Australia

КОМЕНТАРІ • 14

  • @arclux
    @arclux Місяць тому +2

    It's never this government's fault.

    • @laco3128
      @laco3128 29 днів тому

      You got what you voted for, - the two party system - I could couldn't believe people voted the same puppets back after the lock- downs , lies , police beatings , and forced v........ People still don't know and don't understand the consequences of it . The 300 bil. submarine contract, to be ready to fight China ? ordering exta missiles sending billion to Ukraine and much much more. So it's a payback time and it's us the voters who will suffer .

  • @patrickhenry7721
    @patrickhenry7721 Місяць тому +3

    Central bank working precisely as intended, step 1: enforce the use of State controlled currency, step 2: debase the hell out of said currency

  • @multioptioned
    @multioptioned 13 днів тому

    What's new? Paul Keating used the same "recession Australia has to have" tactic decades ago!

  • @Steve-kk8yb
    @Steve-kk8yb Місяць тому

    We don't need a small recession, we need a massive one.

  • @donttellmewhattodo7750
    @donttellmewhattodo7750 26 днів тому

    Australia is in recession, restaurants are empty, construction is grinding to a halt and grocery prices are through the roof.

  • @multioptioned
    @multioptioned 13 днів тому

    The project blocked comments on decision on the definition of a woman? 😮

  • @RandolphCarter_Randy.C
    @RandolphCarter_Randy.C Місяць тому +3

    God Steve Price is awful.

    • @laco3128
      @laco3128 Місяць тому +2

      why awful??? He is right. One's upon a time we paid 17 percent of interest.

    • @RandolphCarter_Randy.C
      @RandolphCarter_Randy.C Місяць тому +1

      @@laco3128 lol… 17% on 120,000 or less is not the same as 4 - 5% on 600,000 or more. Basic math my guy. Also he’s just awful in general not necessarily because of his stance on this. Although arguably he is well out of touch based on this opinion and I’m assuming you are the same

    • @legacyexploits8501
      @legacyexploits8501 Місяць тому

      @@RandolphCarter_Randy.C What do you expect lol boomers can't math. They got rich from pillaged wealth and a destroyed world economy post WW2 and are the most selfish generation to walk the earth.

  • @sijigs
    @sijigs Місяць тому +1

    As if….

  • @ab7406
    @ab7406 Місяць тому

    😂