A terrible deception has been perpetrated on the Australian people. We have been led to believe that we borrow our own currency from foreign nations, that the… Read more “How MYEFO masks Deception and Ignorance”
Category: Macroeconomics
It’s taxpayers’ money….er no, it’s not!
When we hear that a politician has abused his/her expense entitlements, or that federal cabinet has decided to carry out a postal survey costing $120 million, we… Read more “It’s taxpayers’ money….er no, it’s not!”
Money is a Scary Subject
The devaluation of peoples’ hard-earned money is what Australians fear most. People fear inflation. Never mind the crime rate, political corruption, nuclear wars, family violence, pestilence and… Read more “Money is a Scary Subject”
The False Debt-Scare ‘Own Goal’
So, inflation has gone down further to 1.3% for the year to September 2016 from 1.7% in the first quarter of 2016. This is against the RBA’s… Read more “The False Debt-Scare ‘Own Goal’”
Foreign Debt Explained: It’s not what you think.
During a recent Q&A with Adelaide University’s Economics lecturer, Dr Steven Hail, I asked several questions about the much misunderstood subject of Australia’s foreign debt position. Steven… Read more “Foreign Debt Explained: It’s not what you think.”
The Case for Overt Monetary Financing
Long term economic stagnation, such as we are facing now, poses serious social risks for all nations currently recovering from the GFC. Unemployment, underemployment, a lowering of… Read more “The Case for Overt Monetary Financing”
Here’s something to think about…
Starting a new political party is not that difficult. The recent surge in start-ups demonstrates this. It’s largely just a matter of paperwork. Getting it off the… Read more “Here’s something to think about…”
The Australian Employment Party…a call from the wilderness
What does one do when, as a citizen of a currency issuing nation, one feels disempowered? What does one do when one feels one’s ideology is being ignored, that one… Read more “The Australian Employment Party…a call from the wilderness”
The Myth of Inter-generational Debt
The Commonwealth government gross national debt, which currently stands at $421 billion is not debt in the true sense of the word. When the government borrows, it… Read more “The Myth of Inter-generational Debt”
Full Employment… how a modern economy should operate.
Good ideas are rare these days. Most of what we hear as a new idea is usually one rebranded from long ago and dollied up to sound… Read more “Full Employment… how a modern economy should operate.”
