Post #2391174
2026-05-05 23:27 UTC
@HardBeingGreen@theblower.au The RBA wants two things, a recession and a cut in wages. Recession to increase unemployment and drive out a lot of small businesses. Reduced wages because that would increase productivity (reducing cost of inputs for the same outputs).
Replies (1)
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@HardBeingGreen@theblower.au 2026-05-06 00:17
@Old_IT_geek@techhub.social They don't actually want that although we may be headed in that direction