Post #2224072
2026-05-07 01:51 UTC
Using interest rates alone to try to control inflation is so incredibly stupid. Here's a few other ideas. https://www.abc.net.au/news/2026-05-07/what-if-we-used-taxes-or-superannuation-to-control-inflation/106645404
Replies (4)
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@LovesTha@floss.social 2026-05-07 03:08
@phocks@bne.social Nice ideas. I'd rather adjusting the GST, but as they say, that would be more complicated.
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@SmartmanApps@dotnet.social 2026-05-07 03:36
@phocks@bne.social https://theblower.au/@cathywilcox/116529897897439520
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@Taco_lad@aus.social 2026-05-07 09:31
@phocks@bne.social we could also use the time honoured method of stripping obscenely rich people of their exploitative hoards.
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@chrisp@cyberplace.social 2026-05-07 12:27
@phocks@bne.social I'm all for government provided home loans with fixed interest rates that aren't tied to "the interest rate". They could be provided by some sort of hypothetical "Government Bank of the Commonwealth".