This is a hard watch … I can see the guest’s points … but not sure I fully agree.
That said not opposed to a singular initial focus on Money Supply.
but I see much like interest rate or inflation targeting … MS targeting is also a blunt tool and not the only reason for inflation. Also disagree with the ‘Not a global’ aspect especially now and focusing on the Australian experience.
In general, he is an expert, but he answered incorrectly on a few occasions to further his argument. Or more generously, he incompletely explained to Validate his position and direct the conversation.