Posted in Uncategorized

Katter Says The Key To Tackling Inflation Is A Full-Tilt Return To A Cash-Only Economy Because It Seems That Every Purchase And Sale That We Document Be That By Pen And Paper Or Through One Of Those Wicked Card Machines Eventually Ends Up On A Balance Sheet And In An Economy Like This That Kind Of Information Can Make Some Cotton-Wool Wrapped Suits At The RBA Very Nervous I Mean Say What You Want About Immigrants But They Carry With Them An Engrained Adherence To A System Where The Government Doesn’t Need To Be Looking At Every Bloody Cent We Spend, Mind You, I Do Know Of A Few Blokes That Might’ve Got Bit Carried Away, Back In The Day Some Of These New Australians Were Bloody Good At Giving Gifts I’ll Tell Ya That Much For Free, It Took A Microscope And Thousands Of Public Servants To Deduce That Our Former Premier Sir Joh May Have Been Given A Few Aeroplane Hangars Packed With Close To Ten Million Dollars Worth Of Farming Machinery For No Reason Other Than The Fact He Was A Good Bloke – Poor Joh Didn’t Think Much Of It But He Paid For It In The End

   Published Date: November 23, 2022
Katter Says The Key To Tackling Inflation Is A Full-Tilt Return To A Cash-Only Economy Because It Seems That Every Purchase And Sale That We Document Be That By Pen And Paper Or Through One Of Those Wicked Card Machines Eventually Ends Up On A Balance Sheet And In An Economy Like This That Kind Of Information Can Make Some Cotton-Wool Wrapped Suits At The RBA Very Nervous I Mean Say What You Want About Immigrants But They Carry With Them An Engrained Adherence To A System Where The Government Doesn't Need To Be Looking At Every Bloody Cent We Spend, Mind You, I Do Know Of A Few Blokes That Might've Got Bit Carried Away, Back In The Day Some Of These New Australians Were Bloody Good At Giving Gifts I'll Tell Ya That Much For Free, It Took A Microscope And Thousands Of Public Servants To Deduce That Our Former Premier Sir Joh May Have Been Given A Few Aeroplane Hangars Packed With Close To Ten Million Dollars Worth Of Farming Machinery For No Reason Other Than The Fact He Was A Good Bloke - Poor Joh Didn't Think Much Of It But He Paid For It In The End

CLANCY OVERELL | Editor | CONTACT

Australians have been told to brace ourselves for even more inflation, as the international unrest of war, diplomatic break downs and natural disasters continue to affect the price of bread.

RBA governor Philip Lowe says trade restrictions and global conflict are causing interruptions risk to supply, which in turn is causing higher prices. Mr Lowe says the effects of climate change are also likely to push prices up and make them more volatile.

Dr Lowe argued that matching the wage rises of workers with the inflation rate – which is currently above 7 per cent – will not fix this problem – and in fact could accelerate things in the wrong direction.

He did not offer any remedies to these issues, however, he did say we can expect more of the same. Lowe joins a long list of high-powered political figures who appear to be only qualified to diagnose and speculate about the cost of living and inflation – without making any tough decisions about how to fix it.

One man not afraid to put his neck on the line, however, is the Honourable Bob Katter III.

The Maverick Independent MP for North Queensland has today offered a blueprint for tackling some of the more immediate concerns that everyday Australians are voicing in the backdrop of a limping economy.

[See headline for full quote]

Author: Stephen Bailey