this post was submitted on 14 Mar 2026
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If unemployment is the cure for inflation who pays the price? (infosec.pub)
submitted 1 day ago by arbilp3@aussie.zone to c/australianpolitics@aussie.zone
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Must be those poor, poor fossil fuel corporations, that's why govt subsidies are never enough ๐Ÿค‘

https://thepoint.com.au/opinions/260311-if-unemployment-is-the-cure-for-inflation-who-pays-the-price

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[โ€“] MisterFrog@aussie.zone 4 points 1 day ago

It would be stupidly unpopular, but I actually think there should be some legislated amount the RBA then could regulate how much taxes go up and down. (Including income and/or corporate taxes)

Starting with the top tax brackets, and in extreme cases going further down tax brackets.

How this would work in practice, since tax is calculated annually, I dunno.

Bur it's patently insane we expect the RBA to control inflation and unemployment with so few tools.

Interest rate and quantitative easing/tightening, that's pretty much it, right?