An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
Another Friday afternoon chat with Tarric Brooker, as we look at the status of households, as monetary policy continues to run, and as the...
In evidence given in Parliament this week we had confirmation that at least NAB, one of Australia’s big four banks, is using partial interaction...
As foreshadowed, we are now seeing the sharp reversal in asset prices, which were driven through the roof due to ultra-low interest rates, central...