Andrew Dickens: If you demand restraint from the Govt, show restraint in your own business

Best of Business · Jul 19, 2022 · 3m

So inflation is at a 3 decade high and the Reserve Bank is scrambling to kill demand by raising interest rates.

We've all heard that it's the fault of the Government for spraying around money during the lockdowns. This is money that was either borrowed or created by the Reserve Bank through money printing.

Money we then spent willy nilly because there was nothing else to do. I've lost track of the number of people who said "buy property, buy anything, money's never been cheaper".

And with the demand and a supply chain crisis caused by the virus and the war and a broken system we had a perfect…