Posted on May 11th, 2010 in aus, aussie dollar, bureaucratic, cent, defence, deflationary, education, healthcare, housing shortage, inflation, inflationary, mainstream press, Market News, micro cap, National Housing Supply Council, perth, propaganda, property spruikers, tax cuts, taxpayer
There are plenty of myths and legends in economics and politics.
One that has gained a lot of support – thanks to bureaucratic propaganda – is that tax cuts are inflationary.
Needless to say, this downright lie has been lapped up by the political hacks in the mainstream press. Largely because, well that’s what the bureaucrats [...]
