Tag Archives: bitcoin

PM calls jobs boom, RBA warns of crypto crash, and UK inflation highest in 10 years – upcoming livestream

As I’ve been covering on QEW and will discuss on today’s livestream (link above), there’s a lot of exuberance and optimism about the great Aussie reopening, and PM Scott Morrison has forecast a “jobs boom” based on healthy job vacancies … Continue reading

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Weekly wrap up – Aussie reopening, Kiwi inflation, oil and petrol prices, and Bitcoin news

My latest Friday livestream covered: accelerating NZ inflation and the implications for interest rates of accelerating inflation in advanced economies more broadly; the great Australian reopening and booming job vacancies (i.e. as noted by the National Skills Commission “Nationally job … Continue reading

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Growing concerns that stimulus and money printing are fuelling inflation

Setting off an inflationary spiral is one of the big risks with the mega-stimulus measures and Quantitative Easing or money printing we’ve seen in the responses of governments and central banks to the pandemic. This month, we’ve seen some higher-than-expected … Continue reading

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Money and cryptocurrency – my latest podcast episode

When I recorded the latest episode of my Economics Explored podcast last Friday afternoon, the price of one Bitcoin was a bit above US$18,000 after having failed to get beyond US$20,000 in the previous weeks. In my chat with my … Continue reading

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Huge swings in Bitcoin value make it hard to believe it will ever replace traditional currencies

The Bitcoin price was getting close to US$20,000 at the end of last month, but has since come down to a bit over US$18,000. In March, it was around US$5,000 (see chart above). There has been a lot of speculative … Continue reading

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Quiggin’s Economics in Two Lessons should be on ECON101 reading lists for decades to come

John Quiggin, the UQ Vice Chancellor’s Senior Fellow in Economics, has a new book out, Economics in Two Lessons: Why Markets Work so Well, and Why They Can Fail so Badly, which I can highly recommend. I’ve enjoyed dipping in … Continue reading

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Holiday reading – Till Time’s Last Sand: A History of the Bank of England 1694-2013

Over the Christmas and New Year break, I finishing reading Till Time’s Last Sand, British historian David Kynaston’s masterful history of the Bank of England, covering its first 320 years since its establishment in 1694, when incidentally it became the … Continue reading

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Holiday reading

Recently I have been reading a variety of interesting books, including Digital Gold: The Untold Story of Bitcoin by New York Times reporter Nathaniel Popper, and the Edith trilogy by eminent Australian author Frank Moorhouse. Digital Gold tells the story … Continue reading

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