It's almost as if the Reserve Bank is trolling febrile screen jockeys and lemming-like markets. Not that they need much stimulus to go silly -- as Michael Pascoe noted in his piece calling bullshit on the "neutral interest rate" hysteria of the last week, which included much parsing, tea-leaf reading, soul-searching and chin-stroking over the RBA's indication that rates would return to 3.5% if everything were hunky-dory.
We're very far from hunky. And dory is not even on the radar. Certainly not if you're an ordinary household struggling with stagnant wages, a big mortgage and energy prices going up by double digits.