Central Bank speak from the ex-Governor of the RBA

Clime Asset Management

In an age where political correctness runs rampant, we are all having to be exceedingly conscious about how the things we say and words we use affect others. This is undoubtedly a good thing, but have we gone too far when our elected representatives are muzzled to stand up and say what we need them to say. When a hard line needs to be drawn, can we back them to have that difficult conversation? Ex-Governor of the RBA, Glenn Stevens, recently expressed sentiments about current monetary policy tactics by certain countries' central banks. If only he, and others, had voiced their concerns/opinions earlier, would we be in the potential dire straits we find ourselves heading towards? You be the judge... (VIEW LINK)


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