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Valentines Day Spending

The ANZ reports There is likely a range of views out there about whether Valentine’s Day spending is a luxury or a necessity, but either way, ANZ card spending at jewellers and florists saw its usual jump leading up to and on Valentine’s Day, 14 February. The data...

Prediction -Technology

In my predictions for 2025 I suggested AI would be the Technology story for 2025. This has proved the case even before we are out of January. The Associated Press reports today that “A frenzy over an artificial intelligence chatbot made by Chinese tech startup...
UNDERSTANDING INFLATION

UNDERSTANDING INFLATION

“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” That famous quote from Milton Friedman basically says that if you keep printing money, or...