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A comment on Do High Interest Rates Fix High Inflation?. Parent comment

Re:Do High Interest Rates Fix High Inflation? by CTDOCodebases on Tuesday June 13, 2023 @07:58PM (#36319383)
It’s not malevolence though. It’s incentives. Therefore Hanlon’s Razor does not apply.

The debt has to get paid somehow in order for the government to meet its ongoing financial obligations.

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Re:Do High Interest Rates Fix High Inflation? by juve1996 on Tuesday June 13, 2023 @09:56PM (#36320399)
Is Australia currently not meeting their debts or at risk in the short term future of not?
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Re:Do High Interest Rates Fix High Inflation? by CTDOCodebases on Wednesday June 14, 2023 @12:58AM (#36321623)
You haven’t defined short term but I will say no.

When I say ongoing obligations I am referring to welfare and Medicare.

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