has a central banker ever admitted that inflation is a monetary problem and they are part of the problem
This blog has been a bit quiet in recent weeks (if anyone has insights on what sections 15D and 98 of the Government Superannuation Fund Act do and don’t allow I’ll be happy to hear from you) but I hope to make up for it this week.
In the 4+ years the statutory Monetary Policy Committee has been in existence, there has been not a single public speech given by any of the three external members. There have been no serious interviews either, just one petulant and testy set of responses to some emailed questions late last year, responses that I characterised at the time this way:
At times, Harris displays all the grace and constructive open and engagement we might expect in a rebellious 15 year old told they have to make conversation with Grandma at the family Christmas celebrations. If the answers aren’t quite monosyllabic grunts. most of…
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Utopia, you are standing in it! 
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