Dimitri Burshtein & Peter Swan: Why the RBA’s independence is a shield, not a safeguard
admin 2 hours agoNew York StateComments Off on Dimitri Burshtein & Peter Swan: Why the RBA’s independence is a shield, not a safeguard1 Views
Much is made of the ‘independence’ of the RBA from government. But just as a mafia boss does not need to issue written instructions to an underboss, nor does a treasurer need to spell things out to the board.