on today's effort...
economists have very little credibility......
or should it be put another way.....
Glen Stevens has his head in the sand.....altho I do think he maybe worried about the coming impact of governments inflationary policies
either way.......they are all pawns in a puzzle they don't understand.....
we have an action system with equities and currency......why do we have a small group setting 'Official' interest rates.......obsolete......
if we have set interest rates...we should have set currency exchange.......how many good companies have gone bad because of bad currency bets......and how many more will.....
of course....I am still learning....so this might well be completely incorrect......
cheers
sck
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