Claims the outbreak of inflation in many economies is due to mistakes made by central banks.
It comes in the form of a new paper, co-authored by former governor of the Reserve Bank of New Zealand Graeme Wheeler, and the New Zealand Initiative's Dr. Bryce Wilkinson.
They say central banks overall were too confident about their monetary policy framework and thought they could control output and employment.
It also points out central banks were distracted by extraneous political objectives, like climate change.
Dr. Bryce Wilkinson joined Mike Hosking.
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The Piketon Massacre
The most notorious mass murder in Ohio’s history happened on the night of April 21, 2016 in rural Pike County. Four crime scenes, thirty-two gunshot wounds, eight members of the Rhoden family left dead in their homes. Two years later a local family of four, the Wagners, are arrested and charged with the crimes. As the Wagners await four back-to-back capital murder trials, the KT Studios team revisits Pike County to examine: crime-scene forensics, upcoming legal proceedings, and the ties that bind the victims and the accused. As events unfold and new crimes are uncovered, what will it mean for all involved? What will it mean for Pike County?