We are way off.
Inflation was contrived through the GFC, Covid and now immigration. It was becoming sticky and the RBA needed to act way sooner than they actually did.
Productivity is in line with its pre-pandemic trend in the United States, euro area and Norway, but is below trend in the UK, Australia and Canada.
The UK are being punished due to Brexit.
Australia and Canada are two socialistic countries, beholden by Unions, massive immigration, crazy IR laws, proxy restrictive indigenous policy, real wage growth decline and a cost of living crisis higher than the rest of the world. At least Canada has 22 nuclear power facilities. We in Australia are looking to be the first country on earth to go 100% renewable.
I like pictures as you are good with words.
We are a puppet state in control by globalists, because surely no Government can be this stupid.
