I got really pissed off this afternoon when the RBA cut the official Australian interest rate by a full 1 percent. It means that K and I won’t be able to save as fast anymore because our savings won’t compound as much, which is really annoying.
After work it was still bothering me when I decided that I should stop worrying about it at all, and I should stop being so negative. I’m really passionate about housing (un)affordability, but I think lately I’ve been coming across bitter and negative, especially towards some speculative property investors who I work with.
So I decided to do something nice, but lo-fi, tonight, to take my mind off it. We went to Kangaroo Point cliffs with a picnic and sat and watched the river and the city. We listened to Radiohead’s OK Computer which I, remarkably, had lost over the years.
At home we then watched YouTube film clips of heaps of the songs we remember from growing up. My favourite was ‘She don’t use Jelly‘ by The Flaming Lips.
In bed I started to read my Big Issue from yesterday. Straight away I saw a Hearsay quote I loved:
“You can’t keep money around for ever. It’s like saving sex for your old age.” ~ Warren Buffett
Then I read Editor Alan Attwood report that The Big Issue street sales are suffering because of the current economical climate:
“The general economic malaise has made it harder than ever to sell magazines on the street.” ~ Alan Attwood Editor, TBI 314
I couldn’t sleep. I decided to get up and re-read Instructions for Life. I then thought about writing this blog post.
But maybe dropping interest rates today wasn’t such a bad thing. It might finally free up some cash for people to actually buy a copy of The Big Issue off Greg, or one of the other street vendors. Or maybe they’ll just use the freed cash to buy some more shit for their MacMansions, or worse, to feed those hungry hungry pokies. But I’m just being bitter and negative again, aren’t I?