Australian Election 2022: The Politicization Of The Reserve Bank Of Australia

No political lie is repeated more often than the right of politics are good at the economy and the left are good at spending - for forty years the exact opposite has been true. The Reserve Bank of Australia should be above this, but it seems their only job is to ensure the ponzi scheme that is the Australian housing market stays artificially afloat whilst the Liberals are in power. They've now locked in four interest rate rises just in time for a Labor government, and the establishment across business, the media and politics will suddenly remember a deficit they forgot about for the last nine years - ensuring every Labor social policy is "too expensive".