by Tyler Durden
Tuesday, Jul 06, 2021 - 06:40 PM
One upon a time, when central bank independence first materialized - even though as we have noted in the past central banks are anything but independent (see Who Owns The World s Central Banks ).
. their mandate was to control inflation and generally this was their absolute priority.
However, as DB s Jim Reid writes today, recent years have seen central banks increasingly enter the debate on numerous other topics including
fiscal policy, social justice, race, gender issues, climate change and inequality.
Enter Reid s chart of the day , which shows a snapshot of this in terms of mentions of inequality over time in speeches from developed market central bank officials.
Most Australians Distrust the Media. This Can be Repaired | Opinion Cat Woods
, freelance writer On 3/5/21 at 2:00 PM EST
There is a belief, among well over half of Australians, that the media is the servant of corporate giants.
The Edelman Trust Barometer has been measuring trust across industries and nations for 21 years. This year, a survey of 28 nations indicated growing distrust in capitalism and industries across the board, especially in government.
Results from their 2020 survey found that 68 percent of Australians believe that most news organisations are both biased and more concerned with supporting an ideology or political position than with informing the public.