PetulantBandicoot to AustraliaEnglish · 1 year ago'Hairdressers, dentists and dining out': The price rises that told the RBA it needed to raise rates againwww.abc.net.auexternal-linkmessage-square14fedilinkarrow-up114arrow-down10
arrow-up114arrow-down1external-link'Hairdressers, dentists and dining out': The price rises that told the RBA it needed to raise rates againwww.abc.net.auPetulantBandicoot to AustraliaEnglish · 1 year agomessage-square14fedilink
minus-squarePeelerSheila linkfedilinkarrow-up3·1 year ago‘Hairdressers, dentists and dining out’ Ok, what about cruises and follow me golf buggies?
minus-squarezurohkilinkfedilinkEnglisharrow-up4·1 year agoIIRC the prices of stuff rich people spend money on aren’t going up much, because those are optional purchases and sales will drop if prices go up. It’s things like housing and food that are skyrocketing which are hitting poor people the hardest. What are you going to do, stop eating?
‘Hairdressers, dentists and dining out’
Ok, what about cruises and follow me golf buggies?
IIRC the prices of stuff rich people spend money on aren’t going up much, because those are optional purchases and sales will drop if prices go up.
It’s things like housing and food that are skyrocketing which are hitting poor people the hardest. What are you going to do, stop eating?