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Keating is right. The Reserve Bank should do more. It needs to aim for more inflation

  • Written by Chris Edmond, Professor of Economics, University of Melbourne
Keating is right. The Reserve Bank should do more. It needs to aim for more inflationAshwin/Shutterstock

Former prime minister Paul Keating isn’t alone in wanting the Reserve Bank to do much more to ensure economic recovery.

In an opinion piece for major newspapers he has said it ought to be directly funding government spending rather than indirectly by buying government bonds from third parties.

But we think there’s...

Read more: Keating is right. The Reserve Bank should do more. It needs to aim for more inflation

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