2  BIS central bankers’ speeches  Why monetary policy and fiscal policy should remain separate As I mentioned, governments can finance expenditures through only three options: taxes, debt – which is really just a euphemism for future taxes – or money creation, which leads to the hidden tax of inflation.
As the regulator, the Reserve Bank has the necessary powers to enforce requirements to ensure that individual companies remain safe and sound, and the insurance industry as a whole continues to be stable. 3.