Deflation or Stagflation
Deflation or Stagflation If I had to choose between these two evils, it would probably be stagflation, but it would be a close-run thing. It looks like the reserve bank may eventually be in the invidious position of one day having to deal with stagflation. Stagflation is roughly defined as the condition in which there […]
The Budget 2023 Based on Luck
Budget 2023 We have had a budget bought down that forecasts a surplus. It is a budget for a lucky country with rivers of royalty gold pouring into the coffers of the Federal Government care of a commodities boom that hasn’t been handicapped by a currency at parity with the USD as the commodity boom […]
