Global Inflation

Remove this Banner Ad

doggies ftw

Brownlow Medallist
Sep 22, 2008
19,636
21,514
AFL Club
Western Bulldogs
Surely there’s better ways to bring down inflation than making everyone poor and struggling to pay their debts in a ridiculously quick time?

I dunno maybe investing in Australian manufacturing and automation to bring costs down whilst making us less reliant on the global supply chain? Limiting profit margin & price gouging by large corporations?

Nah making young people who had to borrow ridiculous amounts beyond their means just to even get a sniff of a chance to get into the housing market, now unable to pay their bills, within a matter of months, that’s the best option 🤦‍♂️
 

Kwality

Hall of Famer
Aug 14, 2011
39,806
14,901
Trafalgar
AFL Club
West Coast
Other Teams
Mclaren Mercedes F1
Surely there’s better ways to bring down inflation than making everyone poor and struggling to pay their debts in a ridiculously quick time?

I dunno maybe investing in Australian manufacturing and automation to bring costs down whilst making us less reliant on the global supply chain? Limiting profit margin & price gouging by large corporations?

Nah making young people who had to borrow ridiculous amounts beyond their means just to even get a sniff of a chance to get into the housing market, now unable to pay their bills, within a matter of months, that’s the best option 🤦‍♂️

Welcome to the real world with a tad of inflation. Why werent you told ??
 
Jul 24, 2021
1,216
1,321
Mclean
AFL Club
Carlton
Nah making young people who had to borrow ridiculous amounts beyond their means just to even get a sniff of a chance to get into the housing market, now unable to pay their bills, within a matter of months, that’s the best option 🤦‍♂️
Do you mean "young people " who instead of buying a house in a cheap suburb, went out an bought a super duper 4 bedroom 3 bathroom 4 car garage in an upmarket overpriced suburb.?
 

Log in to remove this ad.

Kwality

Hall of Famer
Aug 14, 2011
39,806
14,901
Trafalgar
AFL Club
West Coast
Other Teams
Mclaren Mercedes F1
What inflation is like around the G20

Inflation in the G20 runs from 78.6 per cent to 2.3 per cent.

 

Orange Agent

Norm Smith Medallist
Oct 12, 2016
5,848
6,488
AFL Club
GWS
People that have bought at 1% rates and are whinging about them going up are beyond help. Media will probably drive the GFC narrative of the banks being at fault for lending to people who can't afford the rise but surely anybody 40 or above could of told newbie owners what was on offer was not going to last. Don't have to be a finance expert, anybody with life experience should of told you to budget for 5%.
 

Remove this Banner Ad