Finance & Fury Podcast

Welcome to Finance and Fury, The Furious Friday Edition In this ep, we continue looking at the lucky country look at a downward spiral in growth – low growth traps – and how it is created by what is meant to help growth?   Low growth trap – The big problem comes from just looking at the numbers – and basing policy around models Major part of the modern economy – looking at the numbers – I do it as well Numbers can be inaccurate, or misinterpreted – sometimes the models being used for numbers don’t get the answers that were expected Such as the RBA and rates – lowering them to boost the economy   Nothing new as to why the RBA wants to drop rates – major banks think it will go down to 0.75% - Looking to take action to help stimulate Australian economic growth, employment, wage growth, etc. The question really is if this will work as the equilibrium models suggest – based around neo-Keynesian We should be seeing a pick up in inflation (CPI) rates – which is the trick – focus on a percentage which is ever com