"Callam Pickering, an economist at Indeed, said the central bank's targets of a lower unemployment rate and higher wage growth are still "years away".
"A healthy and vibrant economy though needs a much broader base of growth. We need a strong household sector and greater investment from businesses. Much more needs to be done whether it be through further rate cuts, unconventional monetary policy or, in an ideal world, fiscal stimulus," he said in a series of tweets.
Talk about missing the point, namely why are we at this juncture, is being completely ignore. This economist still holds value in the belief that current monetary policy doctrine works. Certainly in a micro sense, like 50 years, it was useful but only aggravated the inevitable...
I'd say that Lowe knows but cannot say anywhere that might be overheard. The explanation would puzzle, frighten and confuse
- Forums
- Economics
- Closing in on the Greatest Crash in History ... by IWB
Closing in on the Greatest Crash in History ... by IWB, page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online