Bob Johnston
Bob Johnston served as the Governor of the Reserve Bank of Australia from 1983 to 1989, a period marked by significant economic challenges, including high inflation and interest rates. He was instrumental in shaping monetary policy during his tenure, advocating for measures aimed at stabilizing the economy. Johnston's correspondence and insights during this tumultuous time, particularly regarding the current account deficit and domestic demand, reflect his commitment to addressing Australia’s economic issues.
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Ireland:
Bob Johnston, the producer of Blonde on Blonde, praised Mac Gayden as a genius guitar player.
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Australia:
Bob Johnston, then RBA governor, communicated the need for a substantial slowing in domestic demand to reduce the current account deficit.
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