Treasurer
Australian Treasurer refuses to use his legislative power to rein in the rogue RBA – William Mitchell – Modern Monetary Theory – Beragampengetahuan
It has been quite the week in central banking terms in Australia. We had the Federal Greens economic justice spokesperson demanding that the Federal Treasurer use the powers he has under the Reserve Bank of Australia Act 1959 and order the RBA to lower interest rates. Then we had the Treasurer playing the ‘RBA is […]