Yet another SUPER informative video, thanks so much for shedding light on some pretty important topics right now, Tommy. Looking forward to seeing what the “RBA 2.0” has up its sleeve - hopefully it’ll be more positive than the last few years!
As always Tommy, SO helpful. Especially the breakdown of something so complex, and providing helpful context to the entire situation! Can't wait to see more
Thanks for the heads up . My concern is the RBA needs bigger change than this . I've heard economist say using GST would be a better Lever and fairer for all at controlling inflation. Bcz lets face it, business is still increasing their prices currently . At the moment it is only renters , mortgage holders retail, hospitality and arts and entertainment industry that gets smashed. And let's also be real . Whether interest rates go up or down.. Property still rises along with what is better described in more recent years as RENTAL ROBBERY...exorbitant rent rises. In my view The RBA and our fiat economy is all furphy spin. the Australian dream is now the Australian Scream. Just look at house prices last 50yrs .Up approx 8000% to wages at 250%
Our currency will be sold against USD if we don’t follow the Fed reserve after a rate increase, so our currency will depreciate against USD. US investors can then gobble up cheap high quality AUS assets on wholesale. This is the cycle which has been going on for years, it has become more frequent now due to man made disasters, ie disruptions to the markets.
@@InfinityIsland2203 it doesn’t matter which party is elected, because RBA is independent. And this USD dominated financial system not only affects us but almost every other countries as well.
Oh dear! Jimmy came back from the US a changed boy! No more smiles! Aussies have borrowed too much money at too low rates and must pay the price now! RBA? It does not matter how many changes are made there.
Love the breaking down of complex and dry info into something that’s relevant
Appreciate it!
Yet another SUPER informative video, thanks so much for shedding light on some pretty important topics right now, Tommy. Looking forward to seeing what the “RBA 2.0” has up its sleeve - hopefully it’ll be more positive than the last few years!
My pleasure!
Now I know what the fuss is about the RBA changes. Thanks for the explainer 👍 it is very clear and concise
Glad it helped!
Thanks for breaking the RBA review down in a way that's easy to understand!
My pleasure!
As always Tommy, SO helpful. Especially the breakdown of something so complex, and providing helpful context to the entire situation! Can't wait to see more
Glad it was helpful!
Helpful explanation of what’s happening with interest rates and economy and the RBA 👍🏻
Glad it was helpful! Thanks for watching
Fantastic breakdown 👏, Thank you for time and effort in making this Video.
My pleasure!
I was wondering what happened at the RBA. Thanks for the summary!
Happy to help!
Keep it going Tommy👍
Will do!
Explanation is clear, and really helps us easily understand on the recent changes in the RBA! Keep it going😉👍
Thank you for watching
Good analysis, keep it coming thanks
More to come!
Great video - learnt a lot, especially on a topic that generally overwhelms me
Glad it was helpful!
Awesome video 🔥 very insightful!
Glad you liked it!
Wow you really went into details with this one 👍🏻
I try!
More people need to see this
Thanks for the heads up . My concern is the RBA needs bigger change than this . I've heard economist say using GST would be a better Lever and fairer for all at controlling inflation. Bcz lets face it, business is still increasing their prices currently . At the moment it is only renters , mortgage holders retail, hospitality and arts and entertainment industry that gets smashed. And let's also be real . Whether interest rates go up or down.. Property still rises along with what is better described in more recent years as RENTAL ROBBERY...exorbitant rent rises. In my view The RBA and our fiat economy is all furphy spin. the Australian dream is now the Australian Scream. Just look at house prices last 50yrs .Up approx 8000% to wages at 250%
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Thanks a lot for watching!
Good assessment, thank you.
Thanks a lot for watching!
Our currency will be sold against USD if we don’t follow the Fed reserve after a rate increase, so our currency will depreciate against USD. US investors can then gobble up cheap high quality AUS assets on wholesale. This is the cycle which has been going on for years, it has become more frequent now due to man made disasters, ie disruptions to the markets.
@@InfinityIsland2203 it doesn’t matter which party is elected, because RBA is independent. And this USD dominated financial system not only affects us but almost every other countries as well.
For a layman like myself, I understand more about the RBA on this video. Thanks again. Subbed
Thanks for the sub!
Great insight!
Great video. Subbing.
Thanks for the sub!
I probably need to watch this 5 times to fully understand what you are saying, more than me listening to the lecturer in college 😂
Cost of living pressure hits harder than cost of mortgage. The RBA has been sleeping
Interest rates in the next 5 years in the US I believe should be at 8% +. If not, then we are in for a global meltdown
Markets move more often so it doesn't make sense to have less meetings, it's all labor being dodgy again
Our RBA cant think for self they follow america. And america as far as ive read arent dropping interest rates this year
Oh dear! Jimmy came back from the US a changed boy! No more smiles! Aussies have borrowed too much money at too low rates and must pay the price now! RBA? It does not matter how many changes are made there.
Whatever the overhaul is its for the worse.