XJO 0.36% 6,707.0 s&p/asx 200

rba glenn stevens

  1. gg
    88 Posts.
    Price of oil is at record highs.
    Price of wheat is at record highs.

    How is our little ole RBA going to reduce inflation in this scenario. Every major central bank in the world is neutral to easing and yet our guy is going to single handedly going to push down the price of oil and food.

    Might be a few people go out of business and/or lose their homes in the mean time.

    At least rudd/swann can blame this on the previous government.

    Short the xjo while these twits in control.

    gg
 
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