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The great money and credit boom
PD Jonson
  • Oct 2, 2007
  • 4 min

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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Asset prices roaring
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. ...
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Too little, too late
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...
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Bubble, bubble, toil and trouble ..
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...
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RBA Bites the Bullet
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...
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Reflections on Central Banking
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...
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The Ten-Fingered Hand
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...
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This is a new HenryThornton site. The first Henry Thornton website is available at the National Library's Trove.  http://pandora.nla.gov.au/tep/33415