EP 11 of the ANDIKA BULLETin
Federal Reserve Withdraws From Global Climate Group As Trump Set To Assume Power. Will the RBA & APRA do the same????
Some government reforms become political shields to avoid accountability. The shakeup of the RBA has that scent about it.
We've all heard the term 'shuffling deckchairs on the Titanic'. It an expression to show how futile a particular activity can be.
Reading about the government's plans to change the board of the Reserve Bank of Australia (RBA) brought it to mind.
While the reforms have met with general acclaim, the political cynic that resides within sees the reforms as a smokescreen for government.
Let me explain.