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The RBA’s conflicting statements on uncertainty and accountability expose a dangerous pattern of misguided forward guidance and unlearned lessons, threatening its credibility and effectiveness in controlling inflation.

Kamala Harris’ recent policy proposals are equivalent to the four horsemen of a policy-pocalypse: nothing but misguided attempts to address economic issues that will fail to achieve their stated goals, leading to unintended consequences.

Albo would fail Econ 101; are we in another iron ore winter; what does Raygun have in common with the RBA; Australia’s employment recession; could you be an Olympian; China’s economic crisis; and how you’re able to drink milk.

One subsidy at a time.

As the Australian government attempts to manipulate inflation metrics through targeted spending, the RBA finds itself in a balancing act between economic stability and political pressure, echoing historical tensions between Nixon and the Fed.