MMT suggests governments can spend until we reach full employment. But does that work in smaller countries with a trade deficit?
A quarter percent rate cut is expected from the RBA today. NAB’s Rodrigo Catril explains why, as well as examining the sharp fall in the Kiwi dollar and bad news expected from Japan today.
Just heard someone on the BBC say prices went up 3.1% in September, less than the rise we saw in August. As though this is the month on month rise!