reasonable
Australia’s unemployment rate is well above any reasonable full employment level – William Mitchell – Modern Monetary Theory – Beragampengetahuan
Central banks around the world tightened interest rates starting late 2021 in some places and there was a systematic period of hikes over the next year or more despite the inflationary pressures mostly showing signs of abatement as a result of factors that were not sensitive to the rising interest rates. In Australia, the RBA […]