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Is the economy on the brink? March 31, 2023

Motley Fool Money

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The Importance of Rates for Inflation

I'm against the stage three tax cuts for a dozen reasons. This one's actually not one of them in terms of, you know, at least in terms of the top dozen because of the timing of them. We should be adding two rates to deal with inflation with things like income tax increases, but potentially GST increase in using superannuation. They're the top three for me as well as rates. I think you have to do rates for exchange for exchange reasons as much as anything. Otherwise we would import a heap of inflation, which is just counterproductive.

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