Didn't vote for Dud, own my properties, couldn't care less, told you so!
Posted by: Danny of Perth 12:04am today
Yessavingwould help control inflation.. thosesavingscould beused toboostAustralianexport business andkeep money in thecountry.. Inflation is too much money chasing too littleVALUE and the only practical wayto increase VALUE isby exporting more andspending less on importsandSaving more for productiveinvestment ....Too manydollarsleave thiscountry for foreign pockets...Also haveyou seen whatpeople call a Housethese days ? its ridiculous .....mansions built onforeign savings
Posted by: fred of Canberra 12:03am today
Turnbull is right about Rudd and Swan`s language being "immoderate" and "unmeasured".Every first year economics student knows that inflationary expectations alone can drive inflation - yet in an attempt to score cheap political points they are building inflationary expectations.They should be using language that says the RBA has done a credible job in keeping inflation in check since Costello made them independent in 1996, and there is no reason why that shouldn`t continue - and then shut up.Unfortunately, we have amateurs at the helm, and they are making things worse.Now, there will be Kevin huggers out there who want to dispute what I`m saying - before you start shooting off at the mouth, do some reading (those of you that can) and google "inflationary expectations", or perhaps start here http://www.theshortrun.com/articles/Daniel%20Hicks/credibility.html.
Posted by: Phil of Sydney 11:52pm February 05, 2008
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