http://www.crikey.com.au/2008/03/03/interest-rates-does-the-rba-have-its-target-right/ now with extra source Sun, 12 Feb 2012 02:48:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.crikey.com.au/2008/03/03/interest-rates-does-the-rba-have-its-target-right/#comment-25648 Enrico Palazzo Thu, 01 Jan 1970 10:00:00 +0000 #comment-25648 This is all very nice targeting a rate of 2.5% but, it assumes the measure is actually correct. Here, and especially the USA, the inflation rate is massaged downwards by a plethora of beancounters employing all sorts of seasonal and hedonic adjustments. This is all very nice targeting a rate of 2.5% but, it assumes the measure is actually correct. Here, and especially the USA, the inflation rate is massaged downwards by a plethora of beancounters employing all sorts of seasonal and hedonic adjustments.

]]> http://www.crikey.com.au/2008/03/03/interest-rates-does-the-rba-have-its-target-right/#comment-25649 pj Thu, 01 Jan 1970 10:00:00 +0000 #comment-25649 Someone slap the RBA and tell them to go talk to Steve Keen NOW. Someone slap the RBA and tell them to go talk to Steve Keen NOW.

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