Is it possible that Australia has an energy system that is unfit for purpose?
Continue readingEconomics
What’s happening to the US dollar?
In a break from my Australian inflation bulletins, let’s take a look at the US. What is happening to the mighty dollar? In short, it is unhealthy.
Continue readingDon’t just stand there – delete something!
Javier Milei is off to a great start. So refreshing.
Argentinian politics take an oxymoron turn
Oxymoron is a great word, amongst my favourites. As good as ‘transmogrify’ and ‘discombobulate’.
Continue readingInflation bulletin
Inflation data is out for the September 2023 quarter, but there is no reason for celebration.
Continue readingInflation mystifies former central banker
Some people remain mystified by inflation, even some of those who used to be a deputy governor of the Australian central bank, the RBA.
Continue readingOil price boosting inflation?
Don’t be fooled. The rise in the price of oil is not boosting inflation. It is a claim that is politically convenient, but wrong.
Continue readingThere are no solutions, only trade offs
In life, solutions without trade offs do not exist.
Continue readingThe EU funk
‘The EU is in a funk’, I said on this blog a few days ago. I think malaise would have been more accurate. Funk involves panic, according to my dictionary. When I observe the EU, I’m not sure that I see panic. Yet the picture is grim.
Continue readingInflation bulletin, June quarter 2023
There is positive news in this quarterly update. The June quarter data for all three measures that I track is now available.
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Australian Actuary 