Paul Keating's brazen attack on the Reserve Bank of Australia last week had a hint of Winston Churchill's famous quote, "History will be kind to me, for I intend to write it."

Keating's criticisms of the RBA appear motivated by two events almost 30 years apart: blame for his "recession we had to have" in 1991 and most recently the bank undermining the case for increasing compulsory superannuation contributions to 12 per cent.