1 simple trick to understand price dynamics
I agree with the mechanism - this is as good an area for a Royal Commission as any right now — I just think the use of the word ‘immediate’ is misleading, or optimistic. Once called, it will take 6-12 months to get up and running; and likely 24+ months to report. We will have been through, officially, another recession by then. And possibly a change of federal government. Then the new government - if it is led by PP - will dismiss or ignore most of the findings and blame it on Justinflation, non?