The most useless man in Australia? They better not be referring to Michael Clarke, who as we all know, is a dead set legend. - RBA Governor Stevens, on the other hard, seems to be some distance off dead set legend status, thanks to a tendency to meet alarming inflation numbers with interest rate increases. We wonder what will happen if today's off-the-scale PPI numbers (1.9% vs. market forecast of 1%.) translate into similar CPI numbers. What price another rate hike? Will the fear of adjectives even harsher than 'useless' steer the RBA in another direction? Or is Michael Clarke really to blame for all this?
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