The RBA follows the financial gospel from on high : Comments

By James Cumes, published 12/2/2008

Raising interest rates never did 'fight inflation'. After 40 years of experience the evidence is incontrovertible.

... and yet the spiel they sell to the public says that interest rates are the only tool in their shed! Informative post miner, thanks :)

Posted by commuter, Wednesday, 13 February 2008 12:13:41 PM

Ah, commuter, if the RBA didn't print more money then governments wouldn't be able to give out all those goodies. Who would vote for them then?

Posted by RobertG, Monday, 18 February 2008 12:15:49 PM