tag:blogger.com,1999:blog-8299436555685260398.post4367079408164695046..comments2023-10-30T21:19:26.074+09:00Comments on The Fundamental Analyst: RBA Mulls More Interest Rate RisesThe Fundamental Analysthttp://www.blogger.com/profile/16783431753822952360noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8299436555685260398.post-265661497126069122008-05-21T21:15:00.000+09:002008-05-21T21:15:00.000+09:00Thanks Dean, interesting interview.I totally agree...Thanks Dean, interesting interview.<BR/><BR/>I totally agree with the silliness of inflation targetting. Stiglitz is right, Australia has been fortunate because of high commodity prices and the resources boom not because of inflation targetting. As he says, it would have been gross mismanagment on the part of the government for Australia to have not had such a prosperous period in recent years. <BR/><BR/>Outcries about executive pay and calls for wage rises doesn't augur well for inflation, interesting times.The Fundamental Analysthttps://www.blogger.com/profile/16783431753822952360noreply@blogger.comtag:blogger.com,1999:blog-8299436555685260398.post-2497730390091822122008-05-21T10:04:00.000+09:002008-05-21T10:04:00.000+09:00Once those wages start rising, and Glen Stevens pu...Once those wages start rising, and Glen Stevens pulls the trigger, then Wayne Swann can expect a bit of flak for his budget. Quite a bit of debate starting to take place here in the aussie press about the appropriateness of inflation targetting and the possibility of shifting the bands. here's a podcast from the ABC, the inflation story starts about 40 secs in.<BR/><BR/>mpegmedia.abc.net.au/news/audio/am/200805/20080521-am-full.mp3Anonymousnoreply@blogger.com