The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Monday, August 15, 2011

More business leaders call for RBA to turn bline eye to inflation

From the AFR:

"Anthony Bell is frustrated. He wants the Reserve Bank to stop trying to temper inflation by jacking up interest rates and killing consumer - confidence. “The RBA should give us a bit of inflation, let it run like China, to instil confidence. Small and medium business in Australia is on the cusp of massive layoffs and rising unemployment."
at 6:13 AM