Every step towards central planning is a step towards communism.
Communism is self destructive.
I love the focus on who gets to centrally determine the correct interest rate.
Such hubris.
Discussion
I’ve looked at the bios of those in charge and met a few of them; they are unimpressive people with no experience in the real world.
It’s all ideology now. This country is headed for some dark times between the climate cultism and things like this, and the Voice referendum which they’re manufacturing consent for.
The silver lining is they don’t seem to understand #Bitcoin due to the shallowness of the talent pool, allowing full BTC in SMSF.