@AvidCommentator@DFA_Analyst It's obvious central banks are trying to squash demand because they cannot control supply. What happens if we get to a very high IR and the supply constraints are still there? Are we willing to throw more pain towards the middle class for what obviously started as a supply shock?
@DFA_Analyst@YouTube Is there any detail from this on UBank? Can't find any release material. Would be a smart play if they do this with offset and redraw availability in a push to get market share.
@AvidCommentator Tbh they failed to innovate on many of these products for the last 3-4 generations. Bad speed and memory price points with additions of a touch bar, less ports then more ports, then no touch bar...iPhone's much the same. Losing their flair, without economic trends to add.
@AvidCommentator SMH saying not a lot of foot traffic, attributing it to online shopping. News saying heaps of foot traffic. Pyrmont fish markets seem empty too from social media. A lot of misleading articles I think. Sydney CBD seemed pretty dead to me this morning apart from general tourists
@adamseconomics Isn't this the same guy who missed the wage growth forecast for how many years? Now he has a crystal ball into inflation. Talk about a manufactured crisis for CBDC's to be ushered in. Use supply constraints for a high CPI number then magically get more oil with high rates. Lol