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Does the RBA want people to lose their jobs?

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Manage episode 408297117 series 3564232
Content provided by ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Unless you’re living under a rock, you’ve heard of the recent hike in RBA interest rates. But let’s face it, with the cost of housing as it is, living under a rock is looking more and more likely. These increases are a measure to curb spending to bring down inflation, but the RBA is secretly hoping something else will happen …. and that’s for you to lose your job. So do we really need inflation to be below 3%? And in a cost of living crisis, why is it better to have higher unemployment?

Guest: Richard Aedy from The Money

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67 episodes

Artwork
iconShare
 
Manage episode 408297117 series 3564232
Content provided by ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Unless you’re living under a rock, you’ve heard of the recent hike in RBA interest rates. But let’s face it, with the cost of housing as it is, living under a rock is looking more and more likely. These increases are a measure to curb spending to bring down inflation, but the RBA is secretly hoping something else will happen …. and that’s for you to lose your job. So do we really need inflation to be below 3%? And in a cost of living crisis, why is it better to have higher unemployment?

Guest: Richard Aedy from The Money

  continue reading

67 episodes

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