He doesn’t hold the interest rate lever, mate. So who can PM Morrison blame for a May rate hike?
- There is always Vladimir Putin given most of the inflation is still supply-side and tradable.
- He could blame China. Its move on the Solomons is pouring money into all kinds of hollow logs.
- He could go for COVID though that will remind everybody of vaccines, RATS and failed quarantine.
- Trans is a useful whipping boy/girl. There is nothing more inflationary than gender confusion given you’ve got to buy two sets of everything. There’s 1200 patsies there.
- The carbon tax is an oldy but a goody. Nobody seems to care that renewables are the only thing holding down power prices as Morrison’s gas cartel wreaks havoc. Another gas-led recovery?
- The states should certainly shoulder responsibility for failing to step up on…whatever!
- He could just take a trip to Hawaii during the RBA meeting.
But no, there is one outstanding candidate that is always at hand, and a doddering Gottiboff points the way:
