Bill Mitchell – RBA governor apologises for duping Australians – but then says we didn’t read the literature closely enough

It’s Wednesday and I am reverting to my usual pattern of discussing a few items in less detailed form and including some music to lighten the load. Today we consider the apology that the RBA governor issued to mortgage holders that the central bank duped. We also consider the question of what is ‘normal’ in a pandemic. And more....

Bill Mitchell – billy blog
RBA governor apologises for duping Australians – but then says we didn’t read the literature closely enough
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia