Wry & Dry #32: 18 March 2022

The Chief Teller of the US central bank hoisted US interest rates by a modest 0.25 of a percentage point. But no-one in the US is asking the US government to save them from this inflation. There are no demands for tax cuts to relieve ‘cost-of-living’ pressure. However, Australia is not only in another hemisphere, it is also on another planet.