[lbo-talk] Australian central bank cool on the merit of the bailout

Ian Rogers ianrogers7 at bigpond.com
Thu Oct 2 17:31:54 PDT 2008


Guy Debelle, assistant governor of the Reserve Bank of Australia, interviewed by the senior journos at Business Spectator, an Aussie business news site.

http://tinyurl.com/477yeo

Interesting mainly because central bank personnel are rarely interviewed on the record.

Among other things he more or less comes down on the side of the 'US bank bailout won't help much' side of the debate. He also talks through some of the ins and outs of interbank liquidity.

Or just won't work, I would say.

[And just to point out I had a minor business relationship with the Business Spectator crew until a few months ago though now don't.]

Ian



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