There are better ways to stop inflation than by hiking interest rates

Richard D Wolf, professor of economics emeritus at the University of Massachusetts, wrote the following. It was first published by the Pressenza International Press Agency (6 June 2022). Inflation is on the rise and hurting many. Although Wolf’s alternatives to fighting this threat are within the context of the United Sates, they have universal application,… Read More There are better ways to stop inflation than by hiking interest rates

Australia’s inflation rate is rising and why this is happening?

By Joe Montero Australia’s inflation rate is rising and set to rise further still. In the first three months of this year, it rose 5.1 percent, according to Jim Chalmers, the Treasurer of the newly elected Labor government. He has suggested that further interest rate rises are on the horizon. The Reserve Bank has not… Read More Australia’s inflation rate is rising and why this is happening?

Wages and social security justice should be at centre stage of election campaign

Contributed A few days into the election campaign and two big issues are already being ignored, the falling share of wages and the even worse opposition faced by those trying to live on social security payments. If campaigning had been about people, surely, what determines the standard of living of every adult and child in… Read More Wages and social security justice should be at centre stage of election campaign