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Created
Sun, 26/02/2023 - 18:15

So used are we to the idea of an ‘electricity market’ that the next sentence may jar in your mind: There is no such thing as an electricity market! In this video I explain why those who talk to us about electricity markets as something natural, clever and necessary are either deluded or in the […]

The post Exposing the scam that is an electricity ‘market’ – ANY electricity ‘market’ appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 18:02

From the Great Moderation to the Great Crash, the Great Recession, the Great Stagnation, the Great Inflation and, finally, to the Great Volatility. What are the forces driving this 50yr dynamic? Plus an answer to: “What did the euro crisis teach us about the EU’s various debt instruments?” A lecture delivered on 24th January 2023 […]

The post What’s behind the Great Volatility? Audio of SSGA Zurich Address appeared first on Yanis Varoufakis.

Created
Sun, 26/02/2023 - 14:09

SCREENWAVE International Film Festival (SWIFF) will benefit from $149,250 in NSW Government funding under Round Five of the Stronger Country Communities Fund. SWIFF is the largest regional film festival in NSW, with over 10,000 attendees annually, running over sixteen-day days on the Coffs Coast. Advertise with News of The Area today. It’s worth it for...

The post SWIFF film festival funding is a game-changer appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 14:06

THE Coffs Harbour Bypass will be realigned to avoid destruction of a rare remnant of ancient subtropical lowland rainforest known as The (Grandpa’s) Scrub. The decision came as welcome relief to the locals, environmentalists, botanists and conservationists who have strongly advocated for the site to be saved for the past several months. Advertise with News...

The post People power saves The Scrub and reroutes Coffs Bypass appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 14:01

SIZZLING sausages in a tasty, saucy sandwich whipped up by Rotary Sawtell at Bunnings Coffs Harbour on Friday 17 February, raised over $1,000 in yet another of the not-for-profit’s fundraisers. “The BBQ takings and donations mean Rotary Sawtell is able to achieve the day’s goal and purchase a ShelterBox for those affected by the earthquake...

The post Rotary Sawtell BBQ hits fundraiser goal to provide ShelterBoxes for Turkey appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:59

ANNOUNCING a $7.8m upgrade to the North Boambee Road in Boambee Valley which will release land for around 866 homes, Member for Coffs Harbour Gurmesh Singh and City of Coffs Harbour (CoCH) Mayor Paul Amos, said the money will be spent on raising the approaches to the bridge, and the bridge itself, out of the...

The post Road and bridge upgrade opens up land for homes in Boambee Valley appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:57

THE Coffs Harbour Branch of the Australian Red Cross held its first meeting for 2023 in the gardens of Red Cross House in McLean Street on Saturday 11 February, where members set about planning for another busy year for the branch helping out the community. Red Cross membership offers community contact and engagement. Advertise with...

The post Coffs Harbour Red Cross plans another busy year appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:55

MEMBERS of the Bularri Muurlay Nyanggan Aboriginal Corporation (BMNAC) have returned from a very successful cultural exchange to New Zealand. Staff members, dancers, including seven Gumbaynggirr Giingana Freedom School (GGFS) students, and parents travelled to Akerama, near Waitangi, to visit Māori schools and take part in cultural ceremonies. Advertise with News of The Area today....

The post Gumbaynggirr cultural exchange to New Zealand filled with highlights appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:55
Federal Reserve Chairman Paul Volcker is widely acclaimed as the person who vanquished and conquered inflation in the early 1980s. By implementing a monetary policy inspired from Monetarist prescriptions, he is thought as having restored the ability of the Fed to control the money supply and to bring down price instability. Yes, the economy suffered but the pain was worth it. Volcker received many accolades with Chairman Alan Greenspan considering him the “most effective chairman in the history of the Federal Reserve System”.

A careful reading of the Federal Open Market Committee (FOMC) transcripts and data available, however, provides quite a different narrative. Aside from a few true believers, nobody at the FOMC took Monetarism seriously.…
Monetary Policy Institute Blog (Feb 20)
The Volcker Myths
Eric Tymoigne | Associate Professor of Economics at Lewis and Clark College, Portland, Oregon; and Research Associate at the Levy Economics Institute of Bard College
Created
Sun, 26/02/2023 - 13:53

THE 75th anniversary of Chin National Day was observed locally over the weekend and on the official day, Monday 20 February 2023. The ethnic Chin group from Myanmar has many members in and around Coffs Harbour. Advertise with News of The Area today. It’s worth it for your business. Message us. Phone us – (02)...

The post Coffs Harbour’s Chin community celebrate National Day appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:49

SOMETIMES a compelling story of courage and overcoming dire adversity brings an audience to tears while at the same time motivating them to believe there is life during and after suffering, and this was the case with Sam Bloom’s presentation to a packed house of Coffs Harbour Chamber of Commerce (CHCC) members and guests on...

The post Sam Bloom captivates Coffs Chamber of Commerce appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:42

THE National Cartoon Gallery @ The Bunker, Australia’s only cartoon gallery, has put out a call to Coffs Harbour for a major sponsor. “We are looking for one titanium sponsor, someone or a company whose name can literally be synonymous with cartooning,” Louise Langley, General Manager, National Cartoon Gallery told News Of The Area. Advertise...

The post Naming rights offered as next National Cartoon Gallery sponsor appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 13:37

NEARLY drowning during a swim that started as a paddle in Boambee Creek Reserve and ended with her rescue over 100 meters out to sea on Sunday 19 February, Aldwyn Altuney is calling for danger warning signs to be put up at the Reserve. She also urged for City of Coffs Harbour to take down...

The post Calls for safety improvements after Boambee Beach rescue appeared first on News Of The Area.

Created
Sun, 26/02/2023 - 12:00
Confession: I’ve been suffering from writer’s block. I don’t know “what” (if anything) has precipitated it – the current state of the world, the fact that I’m screaming toward my 67th birthday, a general malaise, or perhaps all of the above…I cannot say for sure. Just for giggles (or in an act of pure desperation), I pulled up the Chat GPT app this morning, and typed in: “Give me 500 words on writer’s block.” It only gave me 3: I got nuthin’. Thanks. I’m here all week. But seriously folks…this AI chatbot interface thing is raising serious ethical issues re: the art of creative writing. It’s just…weird. And it’s about to get weirder: ChatGPT has taken the tech world by storm, showcasing artificial intelligence (AI) with conversational abilities that go far beyond anything we’ve seen before. The viral chatbot interface is based on GPT-3, said to be one of the largest and most complex language models ever created – trained on 175 billion “parameters” (data points).
Created
Sun, 26/02/2023 - 10:00
With DeSantis on board, it might be This is going to be interesting in this presidential campaign. It’s not because I take Mike Pence seriously but because it does represent the GOP giving up a pillar of its appeal with both Trump and DeSantis adopting isolationist rhetoric. As I’ve written before, this is not unprecedented — they did this with Clinton and the Balkans too. But Trump has made this rhetoric standard and it’s leading to some real disorientation among Republicans: Former Vice President Mike Pence on Friday rebuked fellow Republicans who have given less-than-robust support for America’s defense of Ukraine — a group that includes potential presidential campaign rivals like Florida Gov. Ron DeSantis. “I would say anyone that thinks that Vladimir Putin will stop at Ukraine is wrong,” Pence said in an exclusive interview with NBC News when asked about DeSantis’ position on U.S. efforts to help repel Russia in Europe. The interview came moments after a Pence speech at the University of Texas on the anniversary of the Russian invasion of Ukraine.
Created
Sun, 26/02/2023 - 08:30
According to Rep. Scott Perry the speech and debate clause in the constitution protects members of congress who are plotting a coup with the president of the United States. One judge doesn’t think so. It remains to be seen if others do: The chief judge of the federal district court in Washington, D.C., secretly rejected Rep. Scott Perry’s bid to shield more than 2,000 messages relevant to Justice Department investigators probing efforts by Donald Trump to subvert the 2020 election, according to newly unsealed court filings. U.S. District Court Chief Judge Beryl Howell unsealed her extraordinary Dec. 28 decision on Friday evening, determining that the “powerful public interest” in seeing the previously secret opinion outweighed the need for continued secrecy. Perry, a Republican lawmaker from Pennsylvania, had urged Howell to block the Justice Department from accessing 2,219 documents stored on his phone, which was seized and imaged by the FBI last August as part of the 2020 election investigation.
Created
Sun, 26/02/2023 - 07:55

By Katrina vanden Heuvel and James Carden / CounterPunch As 2023 unfolds, we fear that American policy will continue to be characterized by both mission creep and the absence of any sort of diplomatic engagement with Russia. Throughout the course of the war, the Biden administration has slowly, steadily, even stealthily increased America’s involvement. Calls […]

The post The Case for Diplomacy in Ukraine appeared first on scheerpost.com.

Created
Sun, 26/02/2023 - 07:46

By Vijay Prashad / Tricontinental: Institute for Social Research A few years ago, a minor medical problem took me to the Hospital Alemán-Nicaragüense in Nicaragua’s capital, Managua. While I was being treated, I asked the doctor, a kindly older man, if the hospital had been built in association with a German missionary organisation, given its […]

The post The True Test of a Civilization Is the Absence of Anxiety About Health appeared first on scheerpost.com.