Flying Cash
Around the year 800, the Tang dynasty in China ran into a small problem. They were running out of cash. Cash at the time being copper coins.
Australian Dollar
AUD News and Analysis
Stay up to date with the latest developments in relation to the Australian Dollar
Why Central Bankers Deserve Society’s Loathing
When the next crisis hits, I sincerely hope society joins the dots and central bankers get the long-overdue loathing they deserve.
The Tide Is Turning Australia
We interrupt Australia’s slow-motion descent into medical fascism to report on a big story from China. Greg Canavan reported on the looming collapse of property developer Evergrande last week.
You Never Go Full Australia
I have friends and family who are still in Australia. I care deeply about what’s happening. It’s sad and unnerving to watch. But it’s a complicated issue.
Why Aussie Economic Growth Is Set to Slow Sharply
Don’t believe it. As Jeff Snider points out in his blog, these economic activity readings are not slowing just because of China’s domestic situation.
My Must-Watch Interview with Cory Bernardi
The past 18 months have revealed deep divisions within Australian society, huge flaws in our political leadership, and weakness in our governance processes.
Ancient Wisdom for Modern Times — Money Can’t Buy Happiness
Money can’t buy happiness. Wisdom is a gift that’s been passed from generation to generation. Whether we accept the gift or not is an individual choice.
Après Uber-Loose Monetary Policies — Prices are Rising Faster
Producer prices are rising at an even faster pace — 7.3% year-on-year. Inflation has not gotten on the bus yet. At a 5.4% annual running rate, consumer prices are now rising about as fast as…
The Dangers in Extrapolating GDPGrowth Trends — Part Three
Even if the assumed earnings growth is correct (and you have to wonder how you get 7% earnings growth in an economy barely growing at 3%), this is only one-half of the mat
The Australian Government — You Get What You Deserve
As the saying goes, a country gets the leaders it deserves. Is that true for Australia? I guess you can answer that for yourself. The more important question is, what can you do about it?