Wednesday, January 12, 2011

Reserve Bank - you need a reality check

I cannot believe the Reserve Bank is still suggesting that interest rates will need to be increased soon (based on food prices going up) to push down possible inflation.

As if the farmers haven't had enough already 10 yrs of drought and the 1st opportunity for good crops - washed away. And of course there would be another group of people losing their homes when the banks double the increase again. These Reserve Bank people are not living in the real world - and they need to be!

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