Wednesday, 2 September 2026

A very short explainer on why inflation is bad.

 HERE is an article outlining 10 reasons why but it misses the main point!

The main reason why inflation is bad is because it confuses consumers.

The capitalist system is based on relative prices. If the  price of Lindemans wines go up then I buy Henscke for example.

If inflation rises substantially then absolute prices will confuse consumers and suddenly relative prices are hard to detect. Yeah I know it is a simplified example but that's economics.

In the end the RBA wants the capitalist system to work effectively and it can't if inflation rises to high levels.

Monday, 31 August 2026

more on the battery

 Our battery ( 17kw)  gets full every month bar June and July. There are some days in both autumn and spring ( and a month before and after) when the battery is nil in the morning. This is mostly due to both showers and cooking.

Appliances such as ovens,stoves, heaters, microwaves,irons and air conditioning do use a wee bit of power and our hot water system needs a fair bit of power to recharge twice a day. others such as fridges,dishwashers, washing machines ddo not.

The savings will be less as charges to use the grid or just being part of it have increased a lot.

update:  the battery is 90% at 9.30!

A short not on EVs. We do not have one but I see a lot of ignorance on the subject. you would only have to recharge the vehicle once a week not daily if you basically use it for the city. If you buy the right car it can become a battery as well boosting your battery at home.

Sunday, 30 August 2026

Australian stuff

 Interest rates

I'm afraid I agree with John Hawkins. Interest rates have to rise. alas prices rose across the board last week in the CPI release.No central bank can afford to gamble by saying we wil wait until next month to see what occurs. they have to be conservative thus have to raise rates.Just remember the trimmed mean is well above the target level.

One Nation.

They won a state by-election in WA.This was highly unusual. It was a safe seat. The WA government is popular yet they lost the seat. A by-election always promotes a protest vote but this was enormous. This was after Hanson had no idea of the difference between net and permanent migration. In fact they probably have no idea that the NOM includes Australians coming back home!

Sex

I am getting old but a 16 year old girl dying because she was being strangled while having sex leaves  me gobsmacked. When I was 'growing up' it was 'erotic asphyxiation' and yes people died from it. I am at a loss why anyone would attempt to do anything that could kill them simply to gain an orgasm. Grow up people.

Whoopsy

GST

The productivity commission released a report on GST 'carveups'

WA is clearly the wealthiest state yet it gets a share of GSt that is way over the top.

See Shane Wright and Robert Breunig.  Grrrr

Thursday, 27 August 2026

Around the Traps 28/8/26

 It is time for Around the Traps again.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate


Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman ( mainly stats)

Dianne Coyle (quirky + book reviews)

Vox Wonk

Wednesday, 26 August 2026

Dolly Parton

 I should have written this yesterday.

I loathe country and western music so I was no fan of hers. She had a poor voice and a very limited vocal range. This was never more apparent than on her most famous song . Whenever she attempted to sing it she killed the song but Whitney Houston  sang it she hit it out of the park!!  ( it made her $20m) I should add her voice limitations never were a problem as she was a country and western singer/songwriter

I remembering reading somewhere a long time ago she was a sex symbol. Big breasts ( which she heavily 'advertised') do not a sex symbol make. She had a poor body, terrible hairstyles and was frankly unattractive. This did not matter and neither should it have.

Okay so much for the negatives. Now for her large positives.

She was one hell of a businesswoman. She left around 600 million. She was one of 11 children in a family so poor that when she was born her parents paid the doctor with food as they had no money. She thus never forgot her roots.

She was also a philanthropist of high distinction and had no problem in giving money to causes she valued from her fortune. Making more money was not of top of her list.

She wrote a lot of songs but for the love of it never to get more money. If that came then she was blessed if not she still liked the song.

She also married her high school sweetheart and was still married to him when he died.

It is unusual for a person to die and everyone has a good word about them. That is the greatest tribute you could give her!

Tuesday, 25 August 2026

The wars in Ukraine and Iran

 Ukraine learnt very quickly not to use patriot missiles against drones. The US military clearly has not in the middle east. It has wasted many patriot and tomahawk missiles. Why is this? My guess is two reasons.

  1. Hegeth sacking various top military leaders
  2. The US  political disdain for Ukraine. They simply do not believe there is anything to learn from that war.
It is immediately apparent that the problem is the political leadership at the Defence department. Hesgeth has been an out and out failure. He clearly does not have a strategic brain in his body. It was his job to advise Trump of the possible problems and he did not.
He attempted a shock and awe effort to beat Iran and it backfired badly. Iran is clearly the big country in the middle east. US allies nol onger are relying on the US for protection they are turning to Ukraine who successfully use drones against drones. They also do not want any escalation as they believe Iran could destroy a large part of their industry.

Another thing I thin a lot of people are missing is that both Russia and China would be egging Iran on (not that it would take much egging) to take a hard line thereby using a lot more missiles. 

It is hard to see any settlement until after the mid-terms. This is merely a jimmy carter redux.

It is hard to see any peace in Ukraine simply because Putin cannot afford one politically. It is victory or death. Yet he cannot win but he  lives on in hope. Think about this. Ukraine produce a lot more drones than Russia and use them much more strategically. They also recognise Putin's bluster now for for what it is.
Can I add I hope Ukraine do not fall for the Hitler gambit. He had the UK on its knees and then changed the bombing to london. Russia is deliberately targeting Ukraine's population. Ukraine should not attempt this but continue its present destruction of russian industry particularly oil. It is paying off bigtime.

Monday, 24 August 2026

Immigration

 It appears a number of people want immigration to be curtailed. The problem is not the figure some people want but HOW to get there.

Andrew Bragg came up with a figure for net overseas migration of  180,000. He did not not say how he would get to that figure but said it would have a 'modest' effect on the university sector.

Pauline Hanson has confirmed that one nation would reduce it to 130,000 but that back packers and the like needed for agriculture would be exempt.

Cutting immigration down to the above levels would hit :

  • back packers and the like who work in agriculture
  • skilled labour for housing, manufacturing etc
  • Family reunions
  • Universities
  • The federal budget
Now if you exempt agriculture from immigration cuts it therefore means you are going to cut larger in other areas.

You will have noticed various spokesmen (yeah they are mostly men) for employers associations saying quite loudly they need skilled immigrants for businesses as that labour simply is not avaalible locally.

Family reunions would probably be the first target as it has less economic impact and affects less people who vote!

Universities would be hit bigtime as foreign students is a large revenue earner for them. There would be need for at least some, if not significant, boost to universities funding from the federal government.

The federal budget would be hit by several billion dollars.

Thus what do we have. Wages would increase as highly skilled immigrants are reduced. you also need large spending cuts and/or large increases in taxation or a blow-out in the deficit.

Until we hear HOW immigration is to be cut to levels below 200,000 then I would suggest the people have no idea of what they are talking about!

Sunday, 23 August 2026

The Swans imbroglio

 It seems all week we have been hammered by the disgrace of the 6 swan players who went out drinking until the early hours of sunday morning ( after their match) and invited some women back to their hotel. One of the women was sexually touched.

Herein lies the problem of the modern secular society. You can have sex with anyone you want provided there is consent. therein lies the problem. What is consent.? It is a very hard question for society to answer. Is yes yes? Is no really yes? Do you have to verbalise it? Does it apply to marriage and if so what is the point of marriage?

One final point. why do people complain about getting burnt when they are so close to the fire. In this case why would any woman go back to the hotel with the men at such an hour?

In this case if the players were not drunk they were still 'liquored up'. I would have to ask why and again why did they invite the women back to the hotel? My guess is it was not to have a cup of tea. I believe most have girlfriends so were they wanting to cheat on them?

Now since I believe only a husband and wife should have sex I simply do not understand what is going on here. Secular society is all over the place on this.

Also playing professional sport and drinking after the game has a bad history. Again I do not understand the need to get drunk into the wee hours after a game.

Society has a problem here but als no answer

Saturday, 22 August 2026

the origins of Covid

 Mehdi Hasan does a great interview with a pro-lableak person and a pro-wuhan markets person.

It is a really interesting view and very informative as well as being civilised!!



Thursday, 20 August 2026

Around the Traps 21/8/26

It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman (mostly stats)

Dianne Coyle ( quirky + book reviews) 

Vox Wonk

Tuesday, 18 August 2026

More on renewables

 THIS is an amazing article. I didn't realise for example our costs on solar power are lower than almost anywhere else.

As a bonus how farmers benefit from solar and wind.

Monday, 17 August 2026

Test Cricket

 Well what a test. I watched Bangladesh beat Pakistan in Bangladesh and they were impressive. They clearly had the fastest opening bowlers in the world. One could bowl over 150k and the other could reach 145k. Alas both were injured for this series so I thought this series would be boring.

Golly gosh I was wrong. They were disciplined in bowling and batting. Bowlers who bowl around 130k can do more with a kookaburra on the pitch than faster bowlers. Our pitches now seam more than pommy pitches!

Thus bowling a good line and making the ball nibble just a bit put our batsmen under pressure and they do not react well to pressure. Their batsmen then put pressure on our bowlers. They deservedly won and won very well.

How worried should we be?  The bowlers merely looked like they were not match fit and should be better for the run. Neither cumins nor hazelwood were much faster than the bengalis. Was this because of the match or is this age? They and Starc looked buggered. Lyon hasn't played for a while and that is how he bowled. They are all old and it takes longer to get match fit when you get older.

Our batting repeated a trend. It is highly suspect against a disciplined attack. Just remember we will be in South Africa in october which is no time to introduce change. We then play the Kiwis and India. I am not optimistic.

We have an old team and we may just approach a time we have a lot of players retiring which is not a great thing for a team.

Sunday, 16 August 2026

Gerard Henderson watch

 I think this maybe the last as I suspect our Gerry has caught the trump cognitive decline.

He always has a go at Turnbull for putting at  risk the large majority Abbott got in his landslide. Hang on why did the liberal right wing approach turnbull to be leader ( under certain conditions .A faustian bargain no less). They did this because they thought they were going to lose and lose badly no less! We must make allowances for Gerry though although has has both a law degree and a PhD he clearly ddot not understand basic stats nor economics for that matter!

He believes that Fauci agreed with Markson on the origins of covid. Err no. Fauci along with most virologists thought it came from wuhan markets BUT did not rule out a lab leak. Indeed in one section of his diary he thought Markson's writing were 'strange'. How did he miss that.

He thinks that it is a load of tosh that Hansson banning certain journalists from  one nation news conferences and gets this thinks Trump is a good example of this! Compare that with Greste and Muller).

He also thinks bolt broke the 'melons story when David Marr claimed sky after dark and the murdoch press said little for 6 weeks. Well last week it was wall to wall in both places after the article by the anti-ALP former japanese ambassador. It wasn't when bolt 'broke' the story. Gerry does not explain this at all.

Remember when Joyce went and at his dog when being interviewed on 7.30. Our Gerry thought that Sarah Ferguson was being hostile by getting him to answer her question.

Our Gerry does not like soft interviews and mention alleged soft interviews on both the ABC and  other TV networks involving the ALP yet he never ever mentions interviews on sky after dark with LNP or one nation people. Our condescending elder appears to be a hypocrite. 

Saturday, 15 August 2026

Frank Zappa


 

Frank Zappa is not to everyone's taste but he always had a great band. In Sydney he had Norman Gunston ( Garry McDonald) doing mouth harp really well!!!

Thursday, 13 August 2026

Around the Traps 14/8/26

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman (mainly stats)

Dianne Coyle ( quirky + book reviews) 

vox wonk