They're deciding on the cost of capital because they control the money printer. They do this under the assumption that interest rates dictate CPI & CPI is too high.
🤡🌎
Brisket on Nostr: Most Australian's aren't aware that a group of individuals are meeting to decide ...
Most Australian's aren't aware that a group of individuals are meeting to decide whether to break their run of 11 straight interest rate hikes in a row.
They're deciding on the cost of capital because they control the money printer. They do this under the assumption that interest rates dictate CPI & CPI is too high.
🤡🌎
They're deciding on the cost of capital because they control the money printer. They do this under the assumption that interest rates dictate CPI & CPI is too high.
🤡🌎