19 Comments
Oct 29, 2022Liked by Bernard Hickey

Tax windfall on bank revenue Brilliant Idea and they could use it for affordable housing and meet their ESG obligations

You need to really get this idea into the media Bernard !

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I did enjoy the way you placed the bank chart estimating home owners will be no better off after covid adjacent to the chart about banks being hysterically better off after covid... Impressive little bait-and-switch the bankers seem to have pulled off there!

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A correction by me, sorry, DARVO, a tactic used by abusers is Deny, Attack,Reverse, Victim and Offender. It’s important people learn this is simply a “tactic” and not be surprised by it. Especially women but it’s used in many settings.

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Hi Bernard - I would love to understand more about your or Adrian’s inflation fighting strategy. Forcing people out of employment seems incredibly inhumane and unnecessary. Why don’t leaders speak directly to the peoples collective need to reduce consumption in order to rebalance supply and demand?

On the same theme, if you reduce GST wouldn’t that directly increase consumption and make things worse (in reality) against the nominal reduction that the inflation stats would record?

Similarly why would one promote cheaper air travel to reduce inflation, when we repeatedly state air travel has untaxed externalities? If high price airfares are driving inflation, then travel less and save the planet at the same time, don’t force fares down and encourage more consumption!

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