this post was submitted on 14 Mar 2026
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3x the median, and make > 5x the median illegal, just as we have for below minimum wage.
that aside l, instead of raising rates do a temp raise in Super for everyone above median wage, take the money from their wages but it doesn't go to banks. That takes money out of the Economy now to cool it.
PS. I have zero debt by choice and we (m & f couple) travel SE Asia in the cheap for 6 months a year.