Rate decision not even based on the Iran war, but subsequent ones will be. But yes that’s how a global economy works.
DKDamian on
And people wonder why trust in institutions continues to erode. At every turn, ordinary people foot the bill and pay the price. Every time.
When do we say it’s enough?
pixxxiemalone on
Yes it’s satire, but damn if it isn’t also very true!
yen223 on
Variable-rate loans strike me as weird.
Like in what other situation can someone demand you pay more for the thing you already have, just because of whims and fancy?
rzm25 on
Remember guys this is the BEST and ONLY POSSIBLE economic system and I DO NOT wanna hear otherwise
ballimi on
That’s what you get for being dependent on black liquid coming from that desert.
CommercialEnough6949 on
If only you realised how deep the ponzi scheme rabbit hole goes.
Mikes005 on
So traditional economic theory says rising prices are a sign people are spending too much money because they have it to spend, and to slow that down and stop inflation interest rates are increased.
But when prices rise because of outside factors, interest rates still have to rise because… reasons.
ramzin57 on
No, wrong. Nothing to do with Iran war….
PJozi on
Not true
The war is because the US President had a very strong friendship with a known paedophile and it’s also heavily implicated in the scandal, and needed a distraction.
It’s not like the Beetoota to not be deadly accurate?
TeedesT on
Good thing the government incentivised people to borrow 95% of the value of $1M houses!! Banks just sitting back rubbing their nipples like in SouthPark “we’re sorry”…
15 Comments
War in the Middle East? That’s a paddlin’.
Peace in the Middle East? That’s a paddlin’.
that’s numberwang
RBA: “The beatings will continue”
Me: “Until moral improves?”
RBA:
Me: “until moral improves, right?”
That’s a bingo
Rate decision not even based on the Iran war, but subsequent ones will be. But yes that’s how a global economy works.
And people wonder why trust in institutions continues to erode. At every turn, ordinary people foot the bill and pay the price. Every time.
When do we say it’s enough?
Yes it’s satire, but damn if it isn’t also very true!
Variable-rate loans strike me as weird.
Like in what other situation can someone demand you pay more for the thing you already have, just because of whims and fancy?
Remember guys this is the BEST and ONLY POSSIBLE economic system and I DO NOT wanna hear otherwise
That’s what you get for being dependent on black liquid coming from that desert.
If only you realised how deep the ponzi scheme rabbit hole goes.
So traditional economic theory says rising prices are a sign people are spending too much money because they have it to spend, and to slow that down and stop inflation interest rates are increased.
But when prices rise because of outside factors, interest rates still have to rise because… reasons.
No, wrong. Nothing to do with Iran war….
Not true
The war is because the US President had a very strong friendship with a known paedophile and it’s also heavily implicated in the scandal, and needed a distraction.
It’s not like the Beetoota to not be deadly accurate?
Good thing the government incentivised people to borrow 95% of the value of $1M houses!! Banks just sitting back rubbing their nipples like in SouthPark “we’re sorry”…