Australia’s partisan energy debate overlooks the real goal of achieving energy abundance, which requires an ‘all of the above’ approach that pragmatically embraces every viable energy source rather than getting bogged down in tribal politics.
A closer look at Dutton’s housing policy; the magic of quantitative easing; Canada might soon be shrinking; the global demographic decline; AI snake oil is spreading; and what do voters care about.
As the US election approaches, the risks of renewed inflation and unpredictable fiscal policies could complicate the global economic landscape, with significant implications for Australia.
While the US economy is hitting all the right notes—low unemployment, stable inflation, and strong wage growth—massive deficits and reckless policy proposals could tip the scales.
Monetary policy missteps can arise when journalists and politicians confuse relative price movements for inflation, leading to misguided calls for rate cuts based on things like food price fluctuations rather than the underlying drivers of inflation.
