The Importance of Ad Reads

This week's Jolly Swagmen podcast features a special guest. Ian McFarland was Governor of the Reserve Bank of Australia from 1996 to 2006. In this conversation, you're going to get unique insight into an issue Ian has been thinking about for decades. Can central banks always set inflation rates through monetary policy? Also discussed two more recent topics, modern monetary theory or MMT and secular stagnation.