Inflation

Governments manipulate mainstream inflation statistics in Australia and the world over.

If you’re tired of being told inflation is low when your bills keep going higher and higher, we’ll reveal all the government’s dirty tricks that aim to keep you in the dark.

But you can also discover there’s more to inflation than rising consumer prices and why you need to prepare your wealth for both inflationary and deflationary threats. See more below.

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Australian economic news
Surprise Attack
Ever since June 1991 — our last official recession — the textbook approach to generating GDP growth has been to encourage households to borrow to ‘get the economy moving’. Our economic ‘success’ has really been a massive failure…setting households up for an extended period of financial pain and in some cases, ruin.
RBA's next move
What Will Force the RBA’s Hand?
Much like the rest of the market, I don’t think there will be a move up this year. That means that the record run of flat rates looks set to continue. However, what will change this view very quickly are the two factors that go hand in hand — wages and inflation.
US inflation leaving consumers money out of their pockets
Americans Are ‘Skint’
We used to count on the Republicans to push back on deficits. They believed in small government and balanced budgets. But now, most of them lack all conviction — except in getting re-elected! And the worst are full of passionate intensity… eager to snatch away every penny of other people’s savings.
inflation
The Age of Inflation Is About to Begin
In the coming crisis, monetary policy alone will not be enough; the Fed doesn’t have enough room to cut interest rates. As we predicted when Mr Trump was elected, the critical fraud is shifting from monetary policy to fiscal policy (government deficit spending). Yes, the Age of Inflation is coming. Fiscal stimulus. Big spending by both parties.
Construction boom
Australia’s Economic Achilles Heel
Today’s article was originally published on 18 August. It looks at Australia’s weak wage growth, optimistic Reserve Bank, and what could be our greatest economic weakness.
bitcoin futures
Could Bitcoin Futures Crash the Price?
Bitcoin futures started trading yesterday morning on an exchange run by Cboe Global Markets Inc. The larger CME Group will launch its own bitcoin futures trading next week. How will this impact the market?
interest rates Australia
Why a Rise in Interest Rates Won’t Mean Much
It’s definitely possible that the US and even Australia could lift interest rates in the future. This would cause bond prices to drop and the supply of money to contract. But even if rates were to rise 1%, rates across the developed world would still be extremely low.
goldman sachs
Goldman Sachs Blunt Warning
One of the world’s biggest investment banks is worried about the US economy. And the stock market is their biggest concern. Goldman says stocks are at their highest valuation since 1900.
household debt burden
Blaming Everything but the Household Debt
Have you read any mainstream commentary identifying our world record household debt as the root cause of our economic miracle? I haven’t. Instead we’re dazzled with the brilliance of ‘adept management’ and ‘flexible inflation targets’.
Japan sticker
Japan: The Land That Forgot Time
The plan in Japan, as elsewhere, was the same old formula: create fake money…lend it at super-low rates…drive up inflation…and incite the public to spend and invest. The whole idea is preposterous.
central banks use phillips curver
Outdated Phillips Curve No Longer Useful for Central Banks
Central banks across the developed world are coming to grips with some difficult questions this year, such as why the Phillips curve is broken. Today, this oversimplified economic tool isn’t telling central banks what they want to see. And, gallingly, they are surprised about it.