Billmitchell iconBillmitchellSep 3, 2026 ~1 min source read

Comment on Latest Australian national accounts data provide no justification for further interest rate rises by Nathan

The market mechanism is supposed to resolve disparities between supply and demand. It is the whole reason that was used to sell privatisation and deregulation.

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The market mechanism is supposed to resolve disparities between supply and demand.

It is the whole reason that was used to sell privatisation and deregulation.

Yet, these same clowns that were sold on economic rationalism now say that the government, or at least a central authority, needs to intervene because supply and demand are mismatched?

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The market mechanism is supposed to resolve disparities between supply and demand. It is the whole reason that was used to sell privatisation and deregulation. Yet, these same clowns that were sold on economic rationalism now say that the government, or at least a central authority, needs to intervene because supply and demand are mismatched?

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  • Of course, the real issue around prices is the abundance of rent seeking behaviour, which these idiots would know if they actually bothered reading their hero Adam Smth.

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