The great money and credit boom
Growth of debt has surged in developed nations in the past 30 years. Now similar growth is occurring throughout the developing world,...
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PD Jonson, Alex Erskine
- Jun 5, 2007
- 4 min
Asset prices roaring
House prices have soared, share prices have rocketed, resource company shares have glowed in the dark, but consumer prices are subdued. ...
PD Jonson, Alex Erskine
- Aug 5, 2006
- 5 min
Too little, too late
' “Too little, too late”. That, surely, is the verdict on Ian Macfarlane’s Reserve. Inflation globally is on the rise and global...
PD Jonson, Alex Erskine
- Mar 1, 2005
- 5 min
Bubble, bubble, toil and trouble ..
"Bubble, bubble, toil and trouble for the RBA Board and for borrowers." Bubble, bubble, toil and trouble . .Today’s Reserve Bank Board...
PD Jonson, Alex Erskine
- Dec 2, 2003
- 4 min
RBA Bites the Bullet
Henry's advice for the RBA Board meeting on 2 December 2003 is to tighten and explain why, accepting full responsibility and...
PD Jonson
- Jul 1, 1988
- 24 min
Reflections on Central Banking
1. Introduction. “The essence of central banking is discretionary control of the monetary system.” So said Sir Richard Sayers in his...
Geoffrey Blainey and Peter Jonson
- Jul 1, 1972
- 15 min
The Ten-Fingered Hand
'Belief in the primacy of supply was simply replaced by faith in the primacy of demand. The tyranny of one six-lettered word gave way to...