Yes, although a big increase in housing supply would also help to moderate prices. (View Post)

Interest rates were always going to rise from their exceptionally low rates, particularly in an environment of high inflation (yes, we didn't know Ukraine was going to happen; we did, however, know w… (View Post)

Media and commentators pay too much attention to technical and arbitrary definitions of 'recessions' (which were only thought up in the first place to palm off ignorant journalists), and not enough t… (View Post)

Also, Trump's record wasn't *that* bad, in isolation. The economy grew strongly because he borrowed and spent like there was no tomorrow, and while his handling of covid was a mess, a lot lay out of … (View Post)

On topic, I'm sticking with Nov 14th, as a birthday present to the king. (View Post)