Opinion

Who pays for compounding failures on interest rates, inflation and power cost? Families

By Nic Seton
August 8 2022 - 5:30am
It has been left to families to solve the compounding issues arising from bad policy. Picture: Shutterstock
It has been left to families to solve the compounding issues arising from bad policy. Picture: Shutterstock

The urban myth (or is it a metaphor) goes that if you drop a frog in a pot of boiling water then it will leap out to save itself, but if you place it in a pot of tepid water and slowly increase the temperature then it will be pretty badly burned before it makes the jump.

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