Maybe this isn’t the place for this discussion (I’d be happy to do it elsewhere), but I’m not clear on what you mean here. Are you claiming that Australia refutes the idea that poor monetary policy was a major contributor to the recent recession? In fact, many judge Australia’s monetary policy to be better than average and to be responsible for their non-recession (for example).
Maybe this isn’t the place for this discussion (I’d be happy to do it elsewhere), but I’m not clear on what you mean here. Are you claiming that Australia refutes the idea that poor monetary policy was a major contributor to the recent recession? In fact, many judge Australia’s monetary policy to be better than average and to be responsible for their non-recession (for example).