Thankyou for clarifying. I agree about the quality of information provided. That is a big topic and I'll just leave that be for now. How this information/misinformation goes to saying a person is innocent is still puzzling to me. It goes without ...

Reserve Bank governor says we'll suffer less economic damage if everyone gets vaccinated faster

Yeah there's a bit of a spat. Some exports to China have been affected and that hurts. Its taught Aust a lesson that was forgotten when Britain was a similar trading partner and that ceased for more natural reasons decades ago. What is important is ...

Delta variant forces Australia into new lockdowns

Pathetic.

Reserve Bank governor says we'll suffer less economic damage if everyone gets vaccinated faster

I think that that that is a rather unnecessarily provocative statement. One that should it have merit would be supported with some facts. What's with this "innocence" thing, anyway?

Reserve Bank governor says we'll suffer less economic damage if everyone gets vaccinated faster

I think it would be prudent for you to provide links for those statistics. Otherwise they are not only meaningless they can be dangerous.

Reserve Bank governor says we'll suffer less economic damage if everyone gets vaccinated faster

They have already made the film. This is a UK model. url

Delta variant forces Australia into new lockdowns

People such as Mr Clarida who can see the future are truly gifted. Some of us cannot see the future. This makes me sad sometimes.

Clarida: I can definitely see Fed announcing tapering later this year

She will "warn"? Interesting choice of words, or some premonition?

Yellen says enacting Biden’s agenda is key to keeping U.S. the ‘world’s pre-eminent economic...

Cats are better pets than dogs.

U.S. Estimates Borrowing of $1.4 Trillion in Second Half of 2021

Yes, on the open market operations from major financial firms, the primary dealers. How is this relevant to the subject of this thread? " The Fed is a primary buyer of the newly issued debt" That statement is just so wrong. Wow. Its illegal for the ...

U.S. Estimates Borrowing of $1.4 Trillion in Second Half of 2021

Who is asking about QE? Wrong thread. QE is monetary policy. This is the fiscal sandpit. Do Americans even know the difference?

U.S. Estimates Borrowing of $1.4 Trillion in Second Half of 2021

Thomas Sowell was not on the list and was not mentioned in the article. The two I referred to were.

Top economists say cutting immigration is no way to boost wages

I don't know Australia's position on that. I think, but don't quote me, Australia's policy is to favour skilled - show an educational or vocational background, and that is a big tick for anything permanent. Our immigration dept has a LOT of red tape ...

Top economists say cutting immigration is no way to boost wages

No, the government is borrowing. Treasury is the department which administers it by going out into the market, usually at regular intervals, and sells T-Notes. Money is taken out of the economy with one hand and put back in with the other. A ...

U.S. Estimates Borrowing of $1.4 Trillion in Second Half of 2021

The statement I quoted is from his bio if you click on his name. The dude has no unifiying theory. Its a mishmash of anecdotal bits from here and there. Modern monetary theorists, central banks and economic commentators are losing. There is not a ...

Another Big ‘Ide’ To Add To Deflation’s March

The author is not an economist. I get the impression that he regards that as being something of an achievement. A bit like if your medical doctor is proud that his only qualifications are in homeopathy and herbal remedies. "He (Jeffrey P. Snider) is ...

Another Big ‘Ide’ To Add To Deflation’s March

AUD/USD is quoted to the fifth decimal place on my system, and it went from about 0.73667 to 0.74071. People who talk in pips only know what they are talking about unless they then confirm, which did happen here. They were talking to only 4 decimal ...

AUD/USD jumps 35 pips as RBA keeps tapering on the table

I have read the article (I dare ya, but you won't get those minutes back) and at no point does it address anything that any actual economist says. Now if he had quoted Paul Krugman, then I can understand his angst. Instead, the author asserts, and ...

Another Big ‘Ide’ To Add To Deflation’s March

Maybe they print the t-notes. Dunno.

U.S. Estimates Borrowing of $1.4 Trillion in Second Half of 2021