10 November

The next 2-3 years are looking grim for Australian households. Worse than the 1990s recession. All because the Reserve Bank, which believes the economy is a thing, is raising interest rates to stop inflation, by making it harder for ordinary people to afford things. Economy people say that drives down inflation, because customers have no money then to buy anything, so prices go down. But those ordinary people aren't the reason prices are rising. Business gouging people for 3 decades is the reason. Business profits go up and up and up, and so do prices. It's extortion. One of the reasons I suggest people electrify everything is the brutal reality that it will save them a lot of money. They're going to need it.