Your conclusion is that Reaganomics may counter your proposition. That's hardly fair unless you suggest why an analysis of the pillars of Reagomics has anything to do with anything that you suggest is mortally morally desirable. I will point out a ...

Universal basic income: Wales' trial 'should include everyone'

In Australia we have a tremendous welfare system for the middle class. No questions asked. Those who are in genuine need often fall through the cracks with miles of bureaucratic red tape, like that poor bloke in the article.

Universal basic income: Wales' trial 'should include everyone'

Perhaps I'm deaf.

ECB's Lagarde: Inflation Expected To Be Temporary; Need To Preserve Favourable Financing...

Yeah. I have less than zero comprehension about how the Euro system works if an unelected CB bureaucrat can determine what is essentially a government responsibility, and also to that of how the private sector allocates its investment decisions. ...

ECB's Lagarde: Inflation Expected To Be Temporary; Need To Preserve Favourable Financing...

Thankyou, and you guys as well. Anyway, in the meantime I'm waiting on a Buddy Guy CD to arrive in the mail.

Flash consumer confidence indicator for EU and euro area

Yes, and this is something that all free people aspire to (I'd like to think so, anyway). On the doom thing - in Australia this is becoming very difficult as we are becoming a communist nation, ruled by police and unelected health bureaucrats who ...

Flash consumer confidence indicator for EU and euro area

In the meantime, before all hope is completely lost, the unelected central bank elite bureaucrats talk a lot and are making sure they are lining each others pockets. {To elaborate on what Banditten said, it is the middle class who will pay off debt ...

Flash consumer confidence indicator for EU and euro area

"As the pandemic passes, we need to shift the focus from preserving the economy to transforming it. This will require us to redirect spending by both public and private sectors towards the green and digital sectors of the future." - Lagarde, ...

ECB's Lagarde: Inflation Expected To Be Temporary; Need To Preserve Favourable Financing...

Not all central bankers are so unimaginative. There must be one with an original thought. Bear with me while I find one. Patience, please.

Broadbent: Mismatch

Its OK. The Fed has divine powers.

Inflation is here. The Delta variant could make it worse

Yes, it has been increased over the years. 78 times since 1960. There might be one or two outliers in Congress with not much to do and who might say some words about perhaps limiting it. They'd be either brave or foolish.

Federal Debt and the Statutory Limit, July 2021

Aussies "learnt" that it is quite unwise to say anything. This happened in September last year, from the BBC. url

More than 1 million of Australia's poorest are locked down and shut out of emergency COVID-19...

I endorse the comment that Covid is increasingly becoming a smoke screen. You mention Brexit. I could add a couple dozen other very important things that are not in the current narrative being fed to the populace by the Elite. Perhaps for other ...

NSW and Victorian lockdowns likely to see economy contract in the September quarter

They pretty much look at data. By itself, data is dumb. I've no idea what that growth expectation graph actually means.

Outlook On The US Economy

Do you have evidence for saying that Elliott waves are rubbish and that no one makes money with them? For example, should you be speaking from personal experience perhaps the community would be interested in learning what level of analysis you ...

Elliott Waves: Introducing the X-wave

I've previously noted this factoid, and in other circumstances it would be nothing remarkable - the RBA is able to collectively agree on a way forward. Whether what they agree upon is correct or otherwise is not the subject of this comment. This is ...

Minutes of the Monetary Policy Meeting of the Reserve Bank Board

Yes, well, seeing where this is going, the subject of this thread is primarily about Covid, Australian States being in lockdown and the RBA's conundrum. Should a focused rant about PM Scott Morrison be relevant in an appropriate context, it would be ...

NSW and Victorian lockdowns likely to see economy contract in the September quarter

In matters such as this what someone believes is not only irrelevant but dangerous. Just the facts and evidence thanks. Maybe try using the word sceptic. Most people are fine with that.

Sydney Braced for Longer Lockdown as Virus Cases Spike

Should you be referring to the current Australian Prime Minister, Mr Scott Morrison, you will find that he became PM in 2018, nearly 3 years ago now. Real GDP grew at 2.4% in 2017, 2.8% in 2018, 1.18% in 2019 and -1.1% in 2020. Unemployment hovers ...

NSW and Victorian lockdowns likely to see economy contract in the September quarter