Funniest thing I've seen this morning 
RBA did the right thing in holding rates, for more data.
I would put good money on that there are 10'000's of Phone calls, TXT's & Emails going out to Financial advisers, Bank managers, Economists, Accountant, etc, all crying - but u said they would cut the interest rate & I've already spent the money 
Me ? I'm happy. I actually have NO DEBT & Money in Savings ( apart from my Gold/Silver
) so I would be even happier if they RAISED interest rates. Bleeding Heart mortgage holders get all attention. What about all us savers that lose Value whenever interest rates go down against the rate of inflation.
The " Official Rate of Inflation is " Shadowstats.com has the Real rate of inflation at 6-7% not the bullshit 2.4%, so the 3.8% I get on my money means that I'm actually losing Value against the Real rate of inflation ( shadowstats.com )
It's Gov manipulation ( just as usual ) to have a bullshit lower inflation rate. Because they are tied to adjusting all their payment increases to the rate of inflation. Mmm, so guess what ? the Official Rate of Inflation means lower payment adjustment purely a coincidence I'm sure.
RBA did the right thing in holding rates, for more data.
I would put good money on that there are 10'000's of Phone calls, TXT's & Emails going out to Financial advisers, Bank managers, Economists, Accountant, etc, all crying - but u said they would cut the interest rate & I've already spent the money Me ? I'm happy. I actually have NO DEBT & Money in Savings ( apart from my Gold/Silver
) so I would be even happier if they RAISED interest rates. Bleeding Heart mortgage holders get all attention. What about all us savers that lose Value whenever interest rates go down against the rate of inflation.The " Official Rate of Inflation is
" Shadowstats.com has the Real rate of inflation at 6-7% not the bullshit 2.4%, so the 3.8% I get on my money means that I'm actually losing Value against the Real rate of inflation ( shadowstats.com )It's Gov manipulation ( just as usual ) to have a bullshit lower inflation rate. Because they are tied to adjusting all their payment increases to the rate of inflation. Mmm, so guess what ? the Official Rate of Inflation means lower payment adjustment
purely a coincidence I'm sure.