Money magazine Comments - I know it's hard, but it could be harder: Lowe "I know it's really hard for people to have to pay more on their mortgages, but it'll be harder if inflation gets too high," says RBA governor Philip Lowe. https://www.moneymag.com.au/feed/latest?story=179798471 Wed, 15 Feb 2023 16:00:51 +1100 Wed, 15 Feb 2023 16:00:51 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - I know it's hard, but it could be harder: Lowe https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by carey badoino ()

The current global inflation issue is predominantly due to the 19 trillion printed by central banks and given away during Covid.

Australia alone printed 400 billion, 188 billion for the TFF, and over 200 billion handed out by the previous government who seem to be getting away Scott free for their part.

Global currencies have been meaningfully devalued and prices are now resetting accordingly.

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]]> carey badoino () Wed, 15 Feb 2023 16:00:51 +1100