There's a danger in being too positive, of there being a huge disconnect between how positive a policy-maker sounds and what the economy is doing, ... That was probably one of O'Neill's greatest shortfalls -- the dichotomy became too wide.
There's a danger in being too positive, of there being a huge disconnect between how positive a policy-maker sounds and what the economy is doing, ... That was probably one of O'Neill's greatest shortfalls -- the dichotomy became too wide.
I was an intelligence officer, not a policy-maker.
There's been very strong growth balanced between domestic demand and exports and falling inflation - a very satisfactory outcome from the point of view, I would suspect, of the policy-maker.
Certainly, current policy is ultra-accommodative and no policy-maker believes that it is consistent with price stability.
© 2020 Inspirational Stories
© 2020 Inspirational Stories