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The perverse logic of the push for higher interest rates Tech-driven secular stagnation, not central bank policy, is the reason money is cheap, monetary policy is less effective, and why more aggressive fiscal policy is needed. Share Australia’s response to the coronavirus pandemic has been very good by world standards, but we still face a major economic crisis. Unemployment is 6.6 per cent, the JobKeeper wage subsidies are rolling off with uncertain consequences. Our international borders will likely remain closed through this calendar year, with the attendant hit on the tourism and higher-education sectors. Savings glut: building big, valuable companies required a lot of capital: now a laptop and a great idea are enough.  

Richard holdenBruce prestonரிச்சர்ட் பிடிகாயங்கள் ப்ரெஸ்டந்