The RBA is culpable in the destruction of the Australian economy!

The Reserve Bank is raising rates to send enough people with a mortgage broke so that on average Australians stop spending money. The RBA hopes that will bring down inflation.

They don't mention that the RBA caused inflation by creating $500 billion out of thin air to compensate for the government's COVID lockdowns.

The RBA either doesn't know what it's doing and needs to be dismantled and the CEO fired, or it does know what it's doing and definitely needs to be dismantled and CEO criminally charged.