The interest rate rise is the wrong medicine and an even worse alibi | Yanis Varoufakis

AI Summary

Inflation is again being used as an excuse for acts of vandalism on some of Australia’s important institutions Get our new political email, free app or daily news podcast When the Reserve Bank of Australia lifted its cash rate on Tuesday, with more rate rises in the pipeline, it did so ostensibly to combat an inflation rate swollen by petrol prices and gas bills, not by avaricious wage claims. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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