July 2020
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Recent Posts

Australia: Defying the Precipice

It has been eight months since the blog post, Australia: On the Precipice time enough for an update. At the time of writing that article I was making a prediction that money supply growth would reach negative territory by mid year, based on trends emerging last last year. This has not eventuated, as you can see by [...]

M3 Inflation and the Gold Price

In a recent post  an alternative proxy of inflation was created which was very basic in concept. Basically the idea was that the annual growth in money supply minus short term interest rates would represent the general level of inflation and deflation in an economy. The argument is that the annual growth rate in money [...]

Real Inflation and Real Deflation

One of the more annoying aspects of economics is the importance placed on the CPI figures and how infuencial they are not only on the economics profession, but on life in general. So many aspects of our lives are effected by this number, HECS debts, pensions and any number of other parts of our lives [...]