Mike's Minute: The gig is up on assisted petrol prices
It's all over.
Today our petrol goes up 29c per litre.
It's at this point you will realise, if you haven't already, what a madly, false world of cocked-up economics we have all been living in.
Money the Government never had was spent to save us from the real world. As we pointed out at the time, once you tap into that world of the false economy, you can't easily extract yourself.
At some point reality has to return and someone has to pay the bill.
The oddity was that it came in when oil was at about $90 a barrel and eventually headed to over $130 a barrel. It hasn’t been that high for ages…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.