" interest rates would always be too low and the money supply would grow too quickly. See this lecture:

Evidently, the general public has very little understanding of economics, let alone monetary economics. Placing monetary policy in the hands of the government (ie. voters) is a recipe for disaster."

How would money supply 'grow too quickly' if interest rates were low?

I am not proposing here, that money be printed without bounds. It needs to be adjusted and controlled.
But whoever does it (RBA or Gov't), needs to do it based upon the available wealth that it represents - and not to try to exercise control over production (or consumption) by adjusting its affordability! And if they don't do a good job of it, we the people need the sanction of being able to vote them out.
That is why monetary policy, in my opinion, should be the responsibility of government (which is, in fact, written into our constituiton).
By the way, aren't you also a member of the public? Wouldn't you like the sanction of veto or is Totalitarianism ok for you?

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