Did anyone see the headline this week regarding Producers Prices?
Continue readinginflation
Could there be any idea more idiotic than this?
Government subsidies of power bills will reduce inflation? What a depressing headline. What kind of ignoramus would think that Government financed consumer subsidies will reduce inflation? I’d invite the dopey journo to advocate the complete removal of inflation by subsidising all household costs, not just power.
PS OK, some ideas are even more stupid: socialism and its evil cousins Communism and Fascism.
Inflation bulletin
In my previous bulletin, I said the optimism was possibly overblown. By the end of 2023, many pundits proclaimed that inflation had been tamed. Stock markets staged a remarkable comeback. However, in the last few weeks, that balloon of optimism has been punctured well and truly.
Continue readingInflation bulletin
Stock markets have been pricing in the anticipated end of inflation for the last little while. Is Mr Market right?
Continue readingWhat’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 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 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 readingGermany’s coming upheaval
Since the atrocities of World War II, Germans have been ultra cautious to avoid overt politics.
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Australian Actuary 