Smashing Inflation

The Socialists in the West refuse to learn the lessons of history about how to tame inflation. The first step is to reign in public spending.

Smashing Inflation
Photo by Bastian Riccardi / Unsplash

Not that you can believe anything he says, but Treasurer Jim Chalmers claims that fighting inflation is his number one priority.

That's good news because inflation is an impost of everyone, but it has a disproportionate negative impact on the less wealthy.

It's a silent thief that takes from every family while widening the wealth gap between those with assets and those without.

The problem is that words are the cheapest and emptiest political commodities, while action comes with political risk.

It beggars belief how Chalmers can claim with a straight face that his focus is on the inflation fight while implementing useless and expensive policies.

Demand for goods and services is fuelling inflation, and that demand is propelled by the tsunami of migrants hitting our shores and the deluge of public monies being spent.

A big Australia is a Uniparty policy even though we're experiencing a sixth consecutive quarter of negative per capita GDP growth.

That basically means we are going backwards as more people come here.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Confidential Daily.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.