Member Spotlight
Economist Discusses His New Book and Probes the Future of Money and the Economy
Sky News Australia
|
Wed, Aug 23, 2023
Body
BWC member Paul Sheard: "The only way to bring inflation down... is either to increase supply... the central bank can't control that..." or "to restrain demand, and that's what the higher interest rates are aimed at doing."
"Unfortunately it's painful..."
To continue reading at
Sky News Australia
, click here.
Economist Discusses His New Book and Probes the Future of Money and the Economy
Sky News Australia | Wed, Aug 23, 2023
Body
BWC member Paul Sheard: "The only way to bring inflation down... is either to increase supply... the central bank can't control that..." or "to restrain demand, and that's what the higher interest rates are aimed at doing."
"Unfortunately it's painful..."
To continue reading at
Sky News Australia
, click here.