HG Wells, famous author, wrote The War of the Worlds about 125 years ago.
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 readingExperts say
Scientists must be getting bored.
Continue readingWrong answer
The Australian newspaper online version is running a quiz to help readers determine which way they are leaning to vote in the upcoming Australian Voice referendum. (Ed note: wouldn’t they know that already?) 11 questions later, here is what I was told:

That big box ‘Try again’ suggests that I got the wrong answer.
New covid panic
If I told you that Covid restrictions were about to be re-invigorated, you would reasonably dismiss me as a looney. Right? Stay tuned.
There 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.
Continue readingThe tectonic plates that drive world politics
Tectonic plates move continents, create mountains and cause earthquakes. They move slowly, generate enormous potential energy, then release that energy in occasional calamitous grinding shudders. The social equivalent of tectonic plates drive international politics and war. To understand the state of current international politics, you must first look at the social tectonic plates below the surface.
Continue readingEthically Unconscious
What is an Ethically Conscious Global Aggregate Bond Index Fund (Hedged)?
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