#rbaboard — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #rbaboard, aggregated by home.social.
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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And finally (well, maybe not, let’s see how the evening will pan out) here is #GregJericho going hoarse for having to repeat himself so often before peeps (including politicians and #NeoLiberal economists) finally get the message.
“It’s quite incredible just how consistently wrong the Reserve Bank has been about the economy this year. And today’s unemployment figures for April reveal once again how utterly detached from the reality of the economy those running our central bank are.”
I’m not convinced the #RBA ‘s functions need to be brought back under govt control, but I am convinced that the present composition of the #RBABoard needs another sweep of the broom and more changes in the appointment process.
I make no appologies for quoting so much of what is produced by the #AustraliaInstitute and its usual contributors. After all, they are a lone voice of rationality in our chaotic neoliberal economic fiasco and one of the few think tanks concerned with every day Australian’s welfare.
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Another corker from Greg Jericho of the Australian Institute published in The Guardian. He rightly takes aim at the RBA’s refusal to ease its market intervention and graphically points out that the high cash rate is causing real pain for consumers (aka all of us) for no good reasons. I can almost hear Greg hurling invectives at the RBA board, calling the credulity of its collective brains into question.
Read more:
Australia took its interest rate medicine – and it has poisoned our living standards https://www.theguardian.com/business/grogonomics/2024/nov/21/australia-interest-rates-rba-economy-inflation-comment-disposable-income?#Economy #RBA #CashRate #LivingStandard #aus #RBAboard #GregJericho