All Episodes

July 22, 2025 20 mins
  • 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.



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