Yesterday, the Reserve Bank of Australia lifted the interest rate target for the ninth consecutive time (they didn’t meet in January) claiming that they had to do this to stop inflation accelerating and restoring price stability. Except inflation already peaked…
Music
So the IMF has come late to the transitory inflation party. What was obvious months ago is now at the forefront of IMF forecasts. Better late than never I suppose. It is becoming clear that most indicators are still not…
Music fans throughout the colony of New South Wales have gone into an absolute snit of complaint after the catchy ballad Bound For Botany Bay took out first place in the Triple J Hottest 100 for 1788 “I’ve never heard... Read More ›
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant mainstream view that fiscal policy should aim to support monetary policy in its…
It’s Wednesday and I have several items to discuss or provide information about today. Today, I discuss the future of the EU-bonds that were issued as part of two main emergency interventions in 2020 as policy makers feared the worse…
The longer we look at this traditional music, the more we see that its very malleability is its strength and its challenge, writes John Mitchinson
It’s Wednesday and I am still not up to full blog speed after a week doing other things. But I am getting there. Today we consider the latest inflation data from Australia, some fun in the Guardian newspaper and some…
I’ve been ramping up my running lately. It’s a type of meditation. Sometimes I just run. Other times I run and listen to music or podcasts.
Yesterday I went for a tempo run in the rain. I listened to the album, “Rave On Andy White” and entered my …