290. Why does the RBA keep changing rates? Here's the logic
Everyone talks about inflation and interest rates, but far fewer people can explain how they're connected or why the RBA only really has one tool to work with. In part two of the four-part series, Ana and economist Evan Lucas get into what inflation actually is, why a bit of it is a good thing, and why the same rate rise can flatten a young family while barely touching someone who's already paid off their house.
In this episode we'll discuss:
💸 Inflation defined as the rate money loses purchasing power, and why 2 to 3% is healthy rather than something to fear
💸 Real wage growth explained: if…
The skinny
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