Commentary For reasons I don’t get, the whole of financial markets is obsessed with the Consumer Price Index (CPI) but the Producer Price Index (PPI) is largely ignored. It hardly makes the headlines. That makes no sense because everything we consume (except maybe bugs) has to be produced. The consumer experience of inflation is downstream…
Is This Finally Some Tolerable Inflation News?
April 13, 2023
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AnalysisBusiness & MarketsBusiness ColumnistsCPIinflationmoney supplyOpinionPPIrecessionU.S. economy
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Why Can’t Inflation Escape the Fate of the Mid-1970s?
Commentary As the first round of the banking crisis fades, the market is refocusing on inflation and interest rate hike. Although U.S. inflation did come down, whether measured by consumer price index (CPI) or personal consumption expenditure (PCE), the year-over-year (YoY) downtrend was slow, and the month-over-month (MoM) decline was not persistent. For other advanced…
The Surveillance State Is on the March
Commentary As a working principle, the conviction that things are always worse than they seem is hard to beat. Along with the observation from William Dean Howells that the problem for a critic isn’t making enemies but keeping them, that mournful conviction that things are worse than they seem has the twin clarifying advantage of…
How Will the Government Fix the Ever Ballooning Budget?
Commentary Sometimes there are signposts to what a government may be planning to do, and when it comes to the budget in Australia, the Grattan Institute is one. Its latest pointer is called “Back in Black” and is a submission on this May’s Federal Budget. As a centre-left think tank, sponsored by the Australian and…
The Biggest Gun Confiscation in Australia’s History
Commentary A disarmed population is defenceless in the face of impending tyranny. The American Founders mistrusted government armies and believed, on the basis of English history and their own colonial experience, that governments are prone to use their weapons to oppress the people. They believed that whenever governments plan to destroy our inalienable rights to…
Left Now Insists: ‘Transwomen Are Women’
April 12, 2023
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Californiagender dysphoriaNorthern CaliforniaOpinionRegional & State NewsSouthern CaliforniaState NewstransgenderUSViewpoints
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Commentary Former NCAA swimmer Riley Gaines was accosted last week after her speech about transgender athletes at San Francisco State University. Gaines became an outspoken critic of transgender athletes competing in female sports after being forced to compete against and share a locker room with Lia Thomas, who was born male and identifies as female….
Digital Money Plus Electric Cars Equal Fascist America
Commentary The administrative state is moving faster to cement its totalitarian rule over the United States of America than we can to keep pace. They are doing this because they realize the majority of our people oppose their wishes, but if they are able to impose them by fiat before that opposition forms and reacts,…
Is South Korea Asia’s Canary in the Coal Mine?
April 12, 2023
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Asian economyBusiness & MarketsBusiness ColumnistsChinaChinese industryOpinionSouth KoreaThinking About Chinazero-COVID
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Commentary The expression used in the title conveys a sense of foreboding and early warning of trouble. It comes from the time before electronic sensory equipment when coal miners used these fragile birds to warn them of the presence of deadly methane gas in the mine shaft. If the bird collapsed, the miners had an…
Burmese Junta Gives PLA Foothold in the Bay of Bengal
April 12, 2023
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Bay of BengalBurmaCCP's expansionChinese Communist PartyMyanmaroil and gas pipelineOpinionPeople’s Liberation ArmyPLAPLA navyThinking About China
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Commentary New Delhi has confronted the Burma government over Indian satellite images of Chinese workers constructing a listening post and extending an airstrip on the Coco Islands in the Bay of Bengal. Burma (also known as Myanmar) has denied Chinese involvement, but Indian officials are concerned that the facility will enable the People’s Liberation Army…
Mother of Anti-CCP Taiwan University Professor Dies Mysteriously
Commentary Dying unnaturally, besides accidents, in Taiwan is rare. An article in Chinese Times, a pro-Kuomintang (KMT) newspaper, titled “National Taiwan University professor’s mother died mysteriously! Tape up the nose and spit out green juice was sent to the hospital and died,” caught my attention. This article argues that her untimely death could have been…
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