Wednesday, May 24, 2023

Time to pay for living high on the hog

So you enjoyed the endless low interest rates, fuel tax refunds, rebates on super expensive EVs for the smug and Wuhan-pox bribes via government borrowings in recent years?  How that debt looking now?

Now it is time to pay the piper for living high on the hog.

Whilst y'all enjoyed the seemingly endless summer of handouts some of us foresaw that such largesse could not last forever declining such handouts and will weather the coming winter better than others.

In other news, today the Reserve Bank again hiked the OCR just for you, the inflationary spenders.

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