"An Abdication of Responsibility" Investment guru Scott Phillips torches Government inaction on rising inflation

Scott Phillips didn't hold back in his weekly chat with Matty Wray, lambasting current and former governments' actions or lack thereof towards combatting rising inflation after the RBA board moved unanimously to increase the cash rate a quarter of a percent to 3.85%. Governor Michelle Bullock has warned it's preferred measure of underlying inflation is tipped to not reach it's target of 2.6% until mid-2028.See omnystudio.com/listener for privacy information.