The federal government is too preoccupied with its own fears to consider sacking the RBA Board and Governor

The federal government is too preoccupied with its own fears to consider sacking the RBA Board and Governor

## FAQ

### 1. Why did the RBA hold interest rates constant despite falling inflation?
The RBA claims that their measure of underlying inflation is still around 3.5%, which is above the midpoint of their target range. They also cited “upside risks” as a reason for maintaining interest rates.

### 2. Why was the Peace Prize awarded to the Hibakusha?
The Nobel Committee awarded the Peace Prize to the Hibakusha as a reminder of the devastation caused by nuclear arms in Hiroshima and Nagasaki in 1945. The survivors’ group Nihon Hidankyō accepted the prize on behalf of the Hibakusha.

### 3. What is the Smith Family Manga series about?
The Smith Family Manga series follows the adventures of a middle-class family while providing a way to learn about Modern Monetary Theory (MMT). In Episode 9, the family faces challenges related to government cutbacks and economic recession.

### 4. Why did the author migrate from Twitter to Bluesky?
The author quit Twitter and is now using Bluesky to post information about his work. Bluesky is seen as a platform that values open dialogue and the author encourages followers to make the transition as well.

## Conclusion

In this article, we discussed the RBA’s decision to hold interest rates despite falling inflation, the significance of awarding the Peace Prize to the Hibakusha, and the ongoing Smith Family Manga series. The author also highlighted the importance of migrating from Twitter to Bluesky for better communication. It is evident that there are various economic, historical, and social issues that need to be addressed, and staying informed and engaged can help create positive change in society. Let us continue to learn, reflect, and take action for a better future.

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