Is Covid aftermath the only reason to affect your pocket? Interest rates and price hike realities.

#InterestRates #PostCOVIDEconomy #PriceHike #PriceFixing
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Explore the complexities of the free market and the pivotal role of supply and demand. Understand how interest rates influence economic stability and the recent measures taken by Australia and America to combat inflation post-COVID. This engaging speech delves into the nuances of economic recovery and the delicate balance required to sustain growth amidst unprecedented challenges; restricted sellers’ competition and prise manipulation in a ‘free’ market.

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----Disclaimers:
Video is made by Unity of Consciousness via Fliki
-Text: Unity of Consciousness inspired by: RBA, Investopedia,
- https://www.finspo.com.au/learn/interest-rate-tracker
- bs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia
https://www.forbes.com/advisor/au/personal-finance/inflation-rate-australia/
- https://www.canstarblue.com.au/groceries/average-grocery-bill/
- https://www.sofi.com/learn/content/monthly-cost-600000-mortgage
- https://www.statista.com/statistics/1209498/australia-average-mortgage-interest-rate-by-type/
- https://www.statista.com/statistics/591796/house-price-to-income-ratio-australia/
- https://www.loans.com.au/home-loans/average-australian-mortgage-size
- https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia/latest-release
- https://lens.monash.edu/@business-economy/2024/05/13/1386706/from-crunch-to-crisis-how-australians-are-changing-their-spending-and-retail-habits
- https://www.gsk.com/media/6803/gsk-group-company-names-and-addresses.pdf

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