Rate rises – the cost-benefit analysis of rate rises is somewhat black and white from the RBA – taming inflation, tamping down on wage growth, attempt to lower skyrocketing prices and mortgage payment increases being collateral damage on the way….
How much does all of this consider the non-financial costs of rate rises?
Does the current economic model allow the RBA to consider non-financial costs?
Can the cost to health and well-being be really called non-financial?
Thoughts in this video.