Ask Fear & Greed: Could super be used to bring down inflation?

Listener David asks: With the fight against inflation, are there not more innovative ways to reduce consumer spending compared to simply lifting interest rates? As you have discussed many times, raising interest rates generally only negatively impacts the spending habits of particularly demographics and often actually benefit older generations with large savings accounts. Could we consider raising super contribution percentages instead of interest rates? Join Sean Aylmer & Michael Thompson as they answer listener questions. If you have your own question for Ask Fear & Greed, get in touch via our website , LinkedIn , Instagram or Facebook ! Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.