What does economic normality look like?We suggest that nothing will be normal until interest rates rise. Zero interest rates are connected to lots of things: income and wealth inequality, ever higher house prices.
But have we turned Japanese? And has Australia quietly moved on from zero covid? recognising that it is a ‘forever strategy’?
Post-pandemic economies: what will they look like? More on house prices and interest rates: normality means higher rates. So things won't be normal? Australia quietly abandons zero covid?