Post 325

22/07/2025 20 min
Post 325

Listen "Post 325"

Episode Synopsis

Prices in the US are rising with eggs leading the way.To the extents that tariffs are pushing up prices it should be a one-time hit.Unless tariffs rise even further.Core inflation in Japan is steadily rising.Inflation in Canada is proving sticky.In Financial Ructions:We look at longer-term rates which are rising.This should lead to higher mortgage costs.In our book review of The Way the World Works.JW introduces the Laffer Curve where at some point higher tax rates lead to lower tax revenues.And how money blinds people with respect to how an economy truly functions.