I think that holds for anything that requires years of practice and skill building, likely whilst never having contemplated such commitment and effort.

💯

Dumb as dumb can be..

Yes, but immediately he is ejected and in his cell he must be forced to watch that on the biggest screen that will fit.

Have a sook… in your coin it’s $8.25 on the Gold Coast, Australia

Gold!

AFR headline today "Labor’s wage rise plan amid oil spike risks ‘stagflation’"

AFR headline from 30 March 2023: Unions’ 7pc minimum wage claim would trigger recession: economists

AFR Headline from May 2022: Bigger minimum wage claim risks ‘entrenching inflation’

Oh look, it's the time for our annual "A Minimum Wage rise will cause a recession" article

You people are insane

Rising profit margins turbocharged Australia’s latest inflation figures – but something worse is just around the corner | Greg Jericho Fuel supply shock from Iran – not too many wage rises – will be the driver of higher figures in June

My column today on what really is causing inflation and also how the RBA really don't have a clue
www.theguardian.com/business/gro...

Screenshot: The most recent GDP figures revealed what was driving inflation (something we were able to estimate in February but can now confirm). In the last half of 2025 the impact of labour costs (mostly wages and superannuation) on annual inflation fell, while the impact of profits rose. Almost all of the spike in inflation at the end of 2025 came from the increased profit margins:

The GDP data was pretty clear on what caused the bump in inflation at the end of 2025 - profits. The RBA had access to this data, and decided, nahhhhh, it's too many people with jobs wanting big pay rises. (hope you all enjoyed that pay rise!)

www.theguardian.com/business/gro...

….& thus contributing to taking the heat out of the economy so poor auntie at the RBA can stop pressing the up button on the cash rate?

😆 💯

Thursday's blog post (19/03) is now posted (13:06 EAST) - Australian labour market - unemployment rises sharply - hard to reconcile with RBA's excess demand claim - billmitchell.org/blog/?p=63108

You know they don’t borrow right?

Yes, we should only use public entities to deliver as the private side of the equation always steal from the intended recipient.

Clausewitz is required reading in the military, but likely a little too heavy for the ex-Captain, hence choosing the theatre of Sun Tzu; what a lightweight dill he is.

Billionaires and ‘moderates’ you say? Define moderates.

A small matter of naming 🤪
“Canadian Prime Minister Mark Kearney”

This labelling of a currency issuer’s spending money into existence as ‘Victorianisation’ is ridiculously ignorant of money operations at the Federal level.

Thank you for your service 🙃

I was very thankful to be sitting down when I saw and subsequently read this and also Kohler’s piece…were the editors out cooking the snags.

On top of Carney’s little speech during the week, I’m afraid to think that neoliberalism may be seeing the end of itself.

Yes, excellent.

Neoliberalism is dying: Mark Carney’s Davos speech confirmed it YouTube video by Richard J Murphy

Neoliberalism is dying: Mark Carney’s Davos speech confirmed it youtu.be/AMTQNI3BV90?... What's next?

Just tell it not to use it.

All the LULZ!

“It remains a fact that with 9.8 per cent of available labour not being used it is ludicrous to talk about Australia being close to full employment.”

billmitchell.org/blog/?p=63029

Yep, your country’s hegemony is way past its use by date.
Sit back and sort your shit out; come back when you’re ready to collaborate instead of cajole.

Carney: The system’s power comes not from its truth, but from everyone’s willingness to perform as if it were true. Its fragility comes from the same source. We participated in the rituals, & avoided calling out the gaps between rhetoric & reality. This bargain no longer works.

There is no need for an individual to personally accumulate such wealth, not even a $100M, but let’s start with the billionaires.

Weaponising the Bondi tragedy is a betrayal of all our children - The Shot Breathe, slowly. It helps.  Cry if you need to. All of this hurts. But please understand, before we go any...

Here's me. "Weaponising the Bondi tragedy is a betrayal of all our children"

Oh no, why did I think BK wouldn’t be a supporter neoliberal economics?