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12
JUL 10

When all you have is hammer, all things look like nails




Sorry this is a bit late, have been snowed under for the month or so but it is still worth a read if you did not see it.  Are we going to learn?

Interest rate hammer and the monetary nail.... 

http://www.johnwalley.co.nz/files/Economics focus.pdf


tags: monetary policy, asset prices, bubbles, new policy
I am sorry but this comment section has been disabled due to spam. My contact details are easy to find, please contact me if you want to comment or discuss anything on this blog.