Categories
Economy Finance

Plans to Crash the Australian Dollar

#Finances #AUD #HeiseSays

The argument is being made that the RBA hoping a fall in the Australian Dollar will increase employment and wages, I am concerned that increases in the cost of living will have a greater impact on average Australians.

References

Will a lower dollar bail out the economy, raise wages and lower unemployment? The RBA is hoping so

https://www.abc.net.au/news/2019-11-10/rba-hopes-lower-dollar-will-solve-wage-unemplyment-problems/11686956?section=business