Mike Hosking Breakfast

The value of Graeme Wheeler writing the report he has on the Reserve Bank and the shambles it’s made of the economy, is it shows us and shines real light on one of life's simple but often forgotten truths. Just because you are touted as an expert doesn’t mean you actually know what you are doing. Wheeler was our Reserve Bank Governor from 2012 to 2017. He joins, by the way, Don Brash who also held the same job in calling out our current boss, Adrian Orr and his handling of the Covid era. Our bank is not alone. Lots of central banks essentially did the same thing. Depending on how mad they went, depends now on how bad the fiscal fallout for the average person now is. In our case it's pretty bad. We printed money with alacrity and the hangover has only just begun. The value of Wheeler and Brash is they are your so-called experts. They have been where Orr is, they have the credentials, they have the experience, and they have the track record. You and I can sit ther