How Does the Reserve Bank Governor Change Their Behavior?

Interest rates can be used as a carrot and an incentive to save, says the Reserve Bank governor. When interest rates are zero, or near zero, you might think, oh, I've got this money, put it in the bank, and after a year, I get basically no interest. So what am I going to do? I'm going to buy that race horse because I'm getting no interest. If interest rates start going up to 2%, this is deposit rate, 3%, maybe some of the financial institutions offer 3.5%. That's money on my makes of these ING, one of them. Yeah, to me, that's pretty generous. So if I can put