Mapatasy Posted September 29, 2017 Share Posted September 29, 2017 (edited) Interest rate anxiety ‘new threat’ to central bank independence https://www.theguardian.com/australia-news/2017/sep/29/interest-rate-anxiety-new-threat-to-central-bank-independence Edited September 29, 2017 by Mapatasy Quote Link to comment Share on other sites More sharing options...
BorrowToLeech Posted September 29, 2017 Share Posted September 29, 2017 Quote Does the goal of financial stability need to be better defined than it is at the moment? Quote The questions do not have a straightforward answer. I would hope they would be a hot topic for PhD students today in the way that central bank independence was when Adam Posen and I were PhD students,” he said 1. CPI, RPI and so on are retail price indices. They may be related to inflation, but they are not inflation. 2. House prices increasing by more than 10% per year is not stability. Stability is when things change slowly. Wheres my PhD? Are they genuinely mystified by this stuff? He must be lying, surely!? Quote Link to comment Share on other sites More sharing options...
frederico Posted September 29, 2017 Share Posted September 29, 2017 The financial system could be doing really well while 99% of the population are starving and central bankers would be happy Quote Link to comment Share on other sites More sharing options...
Wayward Posted September 29, 2017 Share Posted September 29, 2017 the boe has a brief but they ignore it and make it up as they go along...perhaps we can decipher something of their true agenda from the outcome of their actions and policy....one outcome is always certain...the wealthy get more fabulously wealthy. Quote Link to comment Share on other sites More sharing options...
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