Crikey readers pledge allegiance to the RBA

John C says: In order to limit inflation throughout the entire economy, I struggle to understand why we continue to tighten the screws over 30% with loans. Not only unfair, but also seems incredibly inefficient.

With the right legislative framework, there is the purpose of retirement that can increase and reduce the paid -in -law, such as interest rates. He would get money from the economy without robbing the poor mortgage owners and peeling to banks, because so much money would reach people’s super funds.

This government calls itself “labor, but does not look at one of the most prominent Keynesian mechanisms.

I think this is the most unfair aspect and no one seems to reveal him. Media, politicians and strange enough, not even banks (within the boundaries, while the interest rates remain high, the banks profit).

Is there any thought? Any?

Steve Brennan writes: I was good at the school at school and I thought I had some information about it today. But something I feel confused is why the media, banks and some commentators emphasize so much about the rate cuts. I just don’t understand.

They shout how the mortgage holders and desperate help and how they need the job to invest. Yes, these are important, but rates are a finite source and are already low. There is only a limited playground before reaching zero. Then what will we do? Even the US did not reduce the rates of the Fed.

Lower interest rates are perfect for the stock market and mortgage lenders. However, the stock market is not an economy and the banks remain billions, but it increases housing prices and rents.

There are important economic shocks on the horizon such as climate change and geopolitical instability, and even war. I think RBA should use restrictions and leave rates until we need to increase the economy by using monetary policy.

John Savidis writes: I do not believe that an ideologically infected central bank concerns him with the interests of Australian voters or taxpayers. When I had a house mortgage, it was always against us. The concept of inflation appears beyond its understanding. Although low inflation benefits property investors and developers, it provides an increase in housing prices.

I don’t have a solution for a new model. If I did it, I wouldn’t write to you; I would be in a high -paid financial position. Pollies is definitely Negative The answer and the current party clearly consider interests.

Philip Carman writes: I was one of the minorities in the opinion that interest rates should be. Negative This month has been dropped and so I welcome RBA’s decision. For more than twenty years, as an economist and consultant for many people on financial issues, I have always discussed some patience instead of rushing to decisions about fluent issues. If you have doubt, not doing anything is usually a smarter, better course.

From where? Because we don’t know much about money and human behavior, right? They had to be rational, but mostly not. Money scares Bejesus from most people – at best, they are often catatonic and at worst deeply fools.

The role of RBA is to make a policy that helps all economic appearance and directs business and consumer behaviors more predictable and steady. In most cases there is no real “right” or “wrong, because it depends on whether you are influenced in a yummy way or whether you are beneficial. Savings will not be helped while continuing to help debtors and borrowers.

Who is more important? Tell me! Are we looking at the forces rather than those who are more financially responsible? Which? If you’re one, do you conflict rather than the other?

I think Michelle understood this correctly, but three of her colleagues believed that ratios should be reduced rather than being stable (and we don’t know – it could be one of the three people). Maybe some of them wanted to raise them – we assume that unity of consensus will fall as a direction… Probably!

Two of your two journalists who write this piece have no better idea against the decision of RBA that RBA is wrong… Apart from arguing that politicians will do better! Really? The same journalists often criticize the talents of politicians – but I still be ready to bet that both of these journalists have debt or mortgage and therefore have conflict. But there was no explanation. From where?

FYI and through explanation: I do not debt. Therefore, I am indifferent to RBA’s rate of ratio, because I have the share I have, but my interest income – this is a special consequence – increases and vice versa. If everyone has a negative and positively affected, there is a similar “interest” if they have debts and shares (even in their super). The lesson here is to be without debt as soon as possible and to better understand the economic landscape before spitting. Just call…

Kimmo writes: Does inflation involve the price of the so -called RBA’s so -called cigarettes? I read The increasing tax of the extortion is so upright that despite the rapid increases (or rather), the tax obtained from the tax has fallen because it continues to swallow people like half of all sales. [Editor’s note: perhaps you read it in Crikey?]

Wayne H writes: As a former scout leader and board member for a child charity institution, we welcomed the WWCC as a necessary part of checking that we did not invite suspicious criminals to our organization. It was for our safety as our children because we were concerned about the impact of an accusation on an adult.

Scouts now have a policy of “two depths, because the fact that a child and an adult should be one -to -one situation without being controlled by another adult. Scouts also facilitate comprehensive training for Childsafe procedures and reporting. Since all members are volunteer, none of these organizations are a compulsory reporter; However, if someone sees something outside the usual, he is strongly encouraged to report it.

However, as a volunteer organization, when one of our potential customers reported that it required a WWCC for all adults participating in our night camps (mostly adults who participated in their own children), our charity was disappointed. [The agency] He came back and told us that for all adults who joined our camps, it was contrary to the rules of our need and that there were adults responsible for an activity required to have a valid WWCC. Apparently, the fact that the other children participated was not necessary to require other adults to have any WWCC.

Therefore, WWCC should be a starting point and strong organizational policies and training will be taken before adults interacting with children. If this is supervised by an observer instructor, the suspects can be extracted many times, or an interactive role may be given when confirming whether this person is suitable for your organization.

Hector Cat writes: Child Care in France [provided] by the state. Remove profit motivation and you will get higher standards at a lower cost. Here, as in Elderly Care in Child Care, businesses labeled as charity institutions are looting subsidies.

Andrew Watkins says: The main function of WWCC is the protection for managers and politicians. When it is inevitable, Perp has passed all controls ”.

Eliminates the need to have processes to ensure that no one is alone with a child. Constantly. Eliminates the need for money, time and thought for the education and training of personnel.

This is the dream of a manager – a box that removes accountability if it is well played.

It has a place, but it is destructive for many innocent applicants, as described in detail in the article, and is not enough protection in a snow -oriented system in which the accountability is spread and the cheapest option will always be taken.

Carol writes: This article emphasizes focus on WWVP/WWC controls. Royal commission [into institutional responses to child sex abuse] He expressed the concern that these controls were often imposed by organizations around the country – often unnecessarily imposed, and then these organizations thought that they solved the problem. If children do not take responsibility to detect problematic behaviors between other employees, no way, no box-syntic problem.