Data Science, Economics, Politics, Philosophy, Rugby. Veteran of two tours of duty in the posting wars. Inputs commands at the terminal to rearrange 1s and 0s.
Brisbane, Queensland
Joined February 2016
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Burying bottles with $20 notes in the desert would reduce UE and raise inf. Legalizing the drug trade or trade in organs would reduce UE and increase inf.
What you need to explain is why forcing economic activity through real estate is the best way to achieve these goals. – at Brisbane, Queensland
.@1RossGittins avoids the central question.
Further action (QE, negative rates, $A depreciation, etc) would reduce unemployment and raise inflation.
There is good research on this.
The RBA has not explained why the costs of action are more important than lowering unemployment.
This is thoroughly demented. The british state is beyond suicidal. But how lacking in any sense of honour, pride or shame are these jihadist losers. Willing to scunge off the people and the country they wholly detest and wish to destroy. The japanese would've commited sepuku.
Tiktok terrorist who prayed for British soldiers to be slaughtered is being housed in £300,000 three-bed council flat in north London trib.al/JU5sgY0
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It's selfish of you to retain most of your income. You could save hundreds if you donated most of it and still live well.
Would you support a government intervening for the greater good and distributing your income across the world better than you and your parochial interests?
Democracy can be voting for purely local concerns. In which case housing doesn't get built and is increasingly unaffordable.
Or voters can take the greater good into account and vote for a state government that over-rides local councils.
Many voters are not selfish or parochial.
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Ive noticed a pattern.
We import people to do unimportant jobs.
We say Australians wont do them and we can't raise the wages.
A few moments later. . .
We raise the minimum wage and hand wring about the plight of the same people. Undermining the reason they're here.
Employer sponsored visas for cooks at an Asian restaurant.
And "Skills in demand" visas to boot.
Source: reddit.com/r/aussie/s/wsFDDg…
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I understand why people want to believe this but I see no evidence for it.
The richer couples I know have fewer or no children. The poorer have more.
The correlation is probably reversed. Earning more mechanically leads to fewer kids. Its the global and historical pattern too.
This is why I hate the line that migration nerds say we must have very high migration numbers because of our falling birth rate.
If you actually do things to make young people’s lives better financially they’ll have more kids.
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Andrew Paul retweeted
This all seems a little odd. The Review encouraged the RBA to communicate more and when it does the Board seemingly is unhappy with the message. What is the point of communication if not to pass on information of your understand whether that be to the public or to markets.
In any case a highlight for mine in the rest of the speech was Hauser noted policy trade-offs, the complete opposite of the "narrow path". Acknowledging trade offs a little more (read Thomas Sowell) might lead to more proactive policy-making.
Hauser denies pressuring RBA board with market-moving speech
afr.com/policy/economy/hause…
We need to sack David Jones staff and reduce mortgagors disposable income to make space for NDIS scams, union rorts and renewable energy boondoggles. Dont blame the RBA, its just maths.
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"I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character."
We had a plan to give people money they don't need to buy cars they were already going to buy for no important outcome.
And more people took it then we expected. In borat's voice: Great success.
I want to recognise the courage of @DrCameronMurray in the height of our societal hysteria going on QandA and telling everyone they were over reacting.
He was right, they were wrong. It was formative to watch "very serious people" with impressive titles fold to peer pressure.
How do the greens party believe Australia is a horrible, racist, colonialist, settler project on stolen land that shouldn't even exist. AND everyone from everywhere in the world should immediately come here to benefit from its atrociousness?
No one should have to choose between the life they’ve built here in Australia and the parents they left behind. The Greens are fighting for a system that lets families have both. Because of a go-slow on processing by Govt a parent visa today means waiting 18 to up to 42 years.
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What did a labour party member from 1945 believe socially?
Asking for an average person from 2026.
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If they go too far they can undo it later. They've been outside their target for half a decade.
Do you really think if they disemploy thousands of the most marginally productive workers inflation will stay high because of oil prices?
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What a failure. We can't even power the industry where all the productivity gains are assumed to come from.
Electricity market rule changes could see data centres forced to power down to assist grid stability
reneweconomy.com.au/data-cen…
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It's a real shame that the main acheivement of the forced transition to renewables has been to deeply complexify the system. Now distinctions between cost elements and time of day, weather variability, available subsidies, government schemes confuse everyone.
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Andrew Paul retweeted
YOU'RE BORN. YOU SEE PANTS STYLES GO FROM BAGGY TO SKINNY BACK TO BAGGY EVERY 10 YEARS FOR THE REST OF YOUR LIFE. YOU DIE. THE END
