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Australian economists debate spending cuts as alternative to RBA rate hikes

Economist critiques article's account of inflation's cause

2 Nov 2 1:42 AM · 11d ago · 1 post · 1 source · development 2 of 3

Economist John Quiggin questions the ABC piece's causal reasoning, noting it attributes inflation to the Middle East war without explaining the mechanism, instead deferring to the RBA's claim that 'the cause can come from anywhere.'

“How does this work? Crowley doesn't tell us, but relies on the RBA "The cause can come from anywhere.”

johnquiggin@aus.social

Michele BullockMichele Bullock Reserve Bank of Australia governorJim ChalmersJim Chalmers Australian TreasurerTom Crowley ABC News reporterAlbanese government Federal government of Australia

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Peak 3 pieces in 3h at Nov 2, 12 AM; 4 pieces over 12 days (1 article · 3 posts) Nov 2, 12 AM — 3 pieces · 1 article · 2 posts — Bluesky 1, Mastodon 1, Newswires 1Nov 2, 3 AM — 1 piece · 1 post — Bluesky 1Nov 2, 6 AM — quietNov 2, 9 AM — quietNov 2, 12 PM — quietNov 2, 3 PM — quietNov 2, 6 PM — quietNov 2, 9 PM — quietNov 3, 12 AM — quietNov 3, 3 AM — quietNov 3, 6 AM — quietNov 3, 9 AM — quietNov 3, 12 PM — quietNov 3, 3 PM — quietNov 3, 6 PM — quietNov 3, 9 PM — quietNov 4, 12 AM — quietNov 4, 3 AM — quietNov 4, 6 AM — quietNov 4, 9 AM — quietNov 4, 12 PM — quietNov 4, 3 PM — quietNov 4, 6 PM — quietNov 4, 9 PM — quietNov 5, 12 AM — quietNov 5, 3 AM — quietNov 5, 6 AM — quietNov 5, 9 AM — quietNov 5, 12 PM — quietNov 5, 3 PM — quietNov 5, 6 PM — quietNov 5, 9 PM — quietNov 6, 12 AM — quietNov 6, 3 AM — quietNov 6, 6 AM — quietNov 6, 9 AM — quietNov 6, 12 PM — quietNov 6, 3 PM — quietNov 6, 6 PM — quietNov 6, 9 PM — quietNov 7, 12 AM — quietNov 7, 3 AM — quietNov 7, 6 AM — quietNov 7, 9 AM — quietNov 7, 12 PM — quietNov 7, 3 PM — quietNov 7, 6 PM — quietNov 7, 9 PM — quietNov 8, 12 AM — quietNov 8, 3 AM — quietNov 8, 6 AM — quietNov 8, 9 AM — quietNov 8, 12 PM — quietNov 8, 3 PM — quietNov 8, 6 PM — quietNov 8, 9 PM — quietNov 9, 12 AM — quietNov 9, 3 AM — quietNov 9, 6 AM — quietNov 9, 9 AM — quietNov 9, 12 PM — quietNov 9, 3 PM — quietNov 9, 6 PM — quietNov 9, 9 PM — quietNov 10, 12 AM — quietNov 10, 3 AM — quietNov 10, 6 AM — quietNov 10, 9 AM — quietNov 10, 12 PM — quietNov 10, 3 PM — quietNov 10, 6 PM — quietNov 10, 9 PM — quietNov 11, 12 AM — quietNov 11, 3 AM — quietNov 11, 6 AM — quietNov 11, 9 AM — quietNov 11, 12 PM — quietNov 11, 3 PM — quietNov 11, 6 PM — quietNov 11, 9 PM — quietYesterday, 12 AM — quietYesterday, 3 AM — quietYesterday, 6 AM — quietYesterday, 9 AM — quietYesterday, 12 PM — quietYesterday, 3 PM — quietYesterday, 6 PM — quietYesterday, 9 PM — quietToday, 12 AM — quietToday, 3 AM — quietToday, 6 AM — quietToday, 9 AM — quietToday, 12 PM — quietToday, 3 PM — quietToday, 6 PM — quiet 1–3
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All 3 developments of Australian economists debate spending cuts as alternative… →

NewswiresMastodonBluesky