Australian (ASX) Stock Market Forum

Inflation

The disruption of sectors of society pales in comparison to the disruption caused by over the top reactions from the governments.
The one size fits all approach is a magnificent example of why centralised planning is an abject failure.
The closure of artificial borders when those borders had little or no bearing on the day to day lives of those living along it is a prime example.
Stupid comments like the QLD premiers statement that Queensland hospitals are for Queenslanders. Creation of artificial bubbles along border towns with ridiculous unwieldy systems in place. Checkpoints in regional areas manned by out of area police or military personel who had no idea where towns where making the queues longer. The forcing and enforcing of curfews on swathes of the population for no discernable benefit. The ridiculous notion that each state had to approve various treatments, RAT tests, and border entry protocols.
The locking up of the elderly when in many cases their only reason to even stay alive was visits from friends and relatives.
Society is angrier and less tolerant, less forgiving and less generous.
We are forever changed.
Mick
As a person that lives in QLD though, I was pretty happy to be Covid and lock down free for a good 6 months while down south were being smashed with lock downs, I mean I was talking to friends and family from Sydney, and they were shocked that we were going about with business as usual up here while they were locked down.
 
As a person that lives in QLD though, I was pretty happy to be Covid and lock down free for a good 6 months while down south were being smashed with lock downs, I mean I was talking to friends and family from Sydney, and they were shocked that we were going about with business as usual up here while they were locked down.
Were you happy that people from other states were locked out?
How about the ones who lived and worked along the borders to other states?
Mick
 
Were you happy that people from other states were locked out?
I wasn't happy that Covid existed in the first place, but it did exist so hard decisions had to be made if we wanted the population of Qld to have freedom for some extra time.

It's just the way it had to be, most of the other states were in lock down anyway, So we had a choice of closing the border and staying free or opening the border and 1 month later putting us into hard lock down like Sydney and Melbourne, opening up to early wouldn't have achieved anything besides plunging us into the hard lock downs and mask wearing for months when we didn't need to be.

Most of Australia had a pretty good run because we shut our international border and kept the virus out, but once NSW was out of control we had to shut the Queensland border if we wanted that good run to continue for another 6 months, and it did.

How about the ones who lived and worked along the borders to other states?
Mick

Well you have to draw the line some where don't you, and we did have a travel bubble with northern NSW until outbreaks started happening there.
 
I wasn't happy that Covid existed in the first place, but it did exist so hard decisions had to be made if we wanted the population of Qld to have freedom for some extra time.

It's just the way it had to be, most of the other states were in lock down anyway, So we had a choice of closing the border and staying free or opening the border and 1 month later putting us into hard lock down like Sydney and Melbourne, opening up to early wouldn't have achieved anything besides plunging us into the hard lock downs and mask wearing for months when we didn't need to be.

Most of Australia had a pretty good run because we shut our international border and kept the virus out, but once NSW was out of control we had to shut the Queensland border if we wanted that good run to continue for another 6 months, and it did.



Well you have to draw the line some where don't you, and we did have a travel bubble with northern NSW until outbreaks started happening there.
And that for me, highlights the change in the OZ character.
I'm alright jack , and beggar the rest.
Mick
 
Back to inflation...

@moXJO
I still think Biden is ranting about Russia invading Ukraine for another purpose other than trying to be populous.
It's out of their jurisdiction really isn't it?

My thoughts go to the USD which as we all know is, well, in a predicament.
A stronger US dollar helps their inflation situation by being able to import stuff cheaper.

So, my thoughts are, does Russia going to war with Ukraine potentially give a platform for a stronger US dollar?

It would seem history suggests that currency manipulation is frowned upon, however, could this be a card, perhaps the only decent card, that the US has to assist their predicament?

I just don't know enough about currency and currency shenanigans to know, either way.
 
As a person that lives in QLD though, I was pretty happy to be Covid and lock down free for a good 6 months while down south were being smashed with lock downs, I mean I was talking to friends and family from Sydney, and they were shocked that we were going about with business as usual up here while they were locked down.
that was a result of pivotal elections that might have inconvenienced the state government and totally stuffed the tourist industry

only a subtle hint , but a hint the virus wasn't as urgent as retaining power
 
Back to inflation...

@moXJO
I still think Biden is ranting about Russia invading Ukraine for another purpose other than trying to be populous.
It's out of their jurisdiction really isn't it?

My thoughts go to the USD which as we all know is, well, in a predicament.
A stronger US dollar helps their inflation situation by being able to import stuff cheaper.

So, my thoughts are, does Russia going to war with Ukraine potentially give a platform for a stronger US dollar?

It would seem history suggests that currency manipulation is frowned upon, however, could this be a card, perhaps the only decent card, that the US has to assist their predicament?

I just don't know enough about currency and currency shenanigans to know, either way.
that depends on who is manipulating the currency

but effectively Joe was the unelected president of Ukraine , i suppose it was a warm-up for being the unelected President of the US
 
I wasn't happy that Covid existed in the first place, but it did exist so hard decisions had to be made if we wanted the population of Qld to have freedom for some extra time.

It's just the way it had to be, most of the other states were in lock down anyway, So we had a choice of closing the border and staying free or opening the border and 1 month later putting us into hard lock down like Sydney and Melbourne, opening up to early wouldn't have achieved anything besides plunging us into the hard lock downs and mask wearing for months when we didn't need to be.

Most of Australia had a pretty good run because we shut our international border and kept the virus out, but once NSW was out of control we had to shut the Queensland border if we wanted that good run to continue for another 6 months, and it did.



Well you have to draw the line some where don't you, and we did have a travel bubble with northern NSW until outbreaks started happening there.
not so , we simply didn't have the test kits to inflate the figures ever notice flu disappeared as well even without the extra testing
 
not so , we simply didn't have the test kits to inflate the figures ever notice flu disappeared as well even without the extra testing
Not sure what you are talking about?

who is we? What test kits inflated which figures? What has the flu got to do with anything?
 
And that for me, highlights the change in the OZ character.
I'm alright jack , and beggar the rest.
Mick
It’s pretty common sense I think, Us closing the border didn’t make the situation for the rest worse, it just protected us a bit longer.

NSW and VIC also shut their borders too the rest of the world too when they were covid free, what is the difference?
 
Not sure what you are talking about?

who is we? What test kits inflated which figures? What has the flu got to do with anything?
we as in Queensland ( or more specifically the Brisbane -Gold Coast corridor )

the very simple maths of the more you test the more you find ( ignoring the false positives ) , the other problem of test results coming back up to 3 days after being tested which made contract-tracing ridiculous , and many folks who had either Covid or the flu ( or both because the test couldn't differentiate , and they normally DIDN'T use the separate (proven ) flu tests

oh oh some strains of the Flu are Corona viruses as well because the Flu is a cluster of symptoms that can be caused by different types of virus

Types of Influenza Viruses​




but we no longer have to worry about the Flu is has virtually vanished for two years after running amok in humans for more than 100 years previously

and if you think i am joking what about Peter Dutton's flight home to QLD on a commercial flight , between the air passengers , Brisbane Airport where was the super-spreader event there
 
we as in Queensland ( or more specifically the Brisbane -Gold Coast corridor )

the very simple maths of the more you test the more you find ( ignoring the false positives ) , the other problem of test results coming back up to 3 days after being tested which made contract-tracing ridiculous , and many folks who had either Covid or the flu ( or both because the test couldn't differentiate , and they normally DIDN'T use the separate (proven ) flu tests

oh oh some strains of the Flu are Corona viruses as well because the Flu is a cluster of symptoms that can be caused by different types of virus

Types of Influenza Viruses​




but we no longer have to worry about the Flu is has virtually vanished for two years after running amok in humans for more than 100 years previously

and if you think i am joking what about Peter Dutton's flight home to QLD on a commercial flight , between the air passengers , Brisbane Airport where was the super-spreader event there
We (Qld) we’re doing plenty of tests, and if we did have an outbreak we would have known it by the number of cases presenting in hospital.

(Remember I am talking about last year when our borders were closed and we were pretty much zero covid, I am not talking about after the outbreak took off, that was after the border opened)

The flu has been suppressed by because of all the mask wearing for covid, it will be back though.

the flu and covid are two different things, completely different viruses.
 
and on top of that in the early stages only selected folks were even tests


A. have you been to China recently

B. have you been in contact with anyone recently returned from China

C. have you been in contact with someone diagnosed with Covid

IF all three answers are NO , please move on ( i assume they did test suspect hospitalized folks )

and that was the early days up to the 2020 local government elections ( and two crucial state government by-elections )

so basically the virus had a very easy time until the end of March 2020 in QLD , unlike much of the world who were encouraged to go to Chinatown for the Lunar New Year Celebrations in 2020
 
and i am talking about 2020 when there was a virus spreading ... back in the '14 days to flatten the curve ' era

every wonder why the virus surges in Summertime in the Southern Hemisphere , but in the Winter in the Northern Hemisphere but is apparently sensitive to heat

just asking
 
Back to inflation...

@moXJO
I still think Biden is ranting about Russia invading Ukraine for another purpose other than trying to be populous.
It's out of their jurisdiction really isn't it?

My thoughts go to the USD which as we all know is, well, in a predicament.
A stronger US dollar helps their inflation situation by being able to import stuff cheaper.

So, my thoughts are, does Russia going to war with Ukraine potentially give a platform for a stronger US dollar?

It would seem history suggests that currency manipulation is frowned upon, however, could this be a card, perhaps the only decent card, that the US has to assist their predicament?

I just don't know enough about currency and currency shenanigans to know, either way.
He is tanking in the polls. And yes, the "drums of war" generally bring on a stronger US dollar. It also tends to unify Americans.

Russia is a known shtstirrer though and now have a Chinese backing. There is that much propaganda going around it's hard to know where it's at.
 
and i am talking about 2020 when there was a virus spreading ... back in the '14 days to flatten the curve ' era

every wonder why the virus surges in Summertime in the Southern Hemisphere , but in the Winter in the Northern Hemisphere but is apparently sensitive to heat

just asking
Well I am not talking about 2020, QLD had lock downs along with the rest of the country in 2020 and we got rid of the virus, and eventually most of the country was pretty much covid free.

In 2021 however, NSW dropped the ball covid numbers went through the roof, and the hardest lock downs of the entire pandemic were put in, How ever we were pretty much untouched (except of an 8 day lock down, and one other long weekend lockdown).

we lived 2021 pretty much free from covid and free from lock downs, without shutting the border we would have spent a large chunk of 2021 in lock down just like NSW.

NSW actually benefitted from QLD border closures, it meant that more vaccine could be sent to NSW, if Queensland was spiking with covid at the same time, NSW would have received less vaccine.
 
He is tanking in the polls. And yes, the "drums of war" generally bring on a stronger US dollar. It also tends to unify Americans.

Russia is a known shtstirrer though and now have a Chinese backing. There is that much propaganda going around it's hard to know where it's at.
I don’t think Russia has as much support from China as people think, China is smart it will support Russia with words, but it knows it’s economy is tied to western trading Partners.

it will play hard ball, but won’t want to risk its economy.
 
but much of the West are debt pigs run by greedy kleptocrats ( the Taiwanese got that right )

if you were a drug lord would you keep selling to folks that have future troubles in paying , because that is the scenario China is looking at

yes Australia has plenty of desired minerals ( that could be bought elsewhere at a lesser quality/high transport costs ) , but is behaving like a brat without alternate customers ready if China calls their bluff ( now if 30% of our exports went to India already , MAYBE we could play that game with a chance of winning )

Russia can supply plenty ( and eventually so will Mongolia and Afghanistan ) lesser quality in some cases , and a less critical trading partner , for all his flaws Putin treats business like business not some political photo-op

China has the West captured because the West made it unprofitable to manufacture at home , China could easily focus on Russia and Asia for it's exports and concentrate on better quality goods , letting India grab the bargain basement markets and take the debt risks

i know a former business man who needed software tested PROPERLY in the end India and Vietnam won the contracts ( they both tested the same software to double-check .. aka no fudging the results ) yes it could have been done here but nowhere nowhere the same price OR as quickly
 
I don’t think Russia has as much support from China as people think, China is smart it will support Russia with words, but it knows it’s economy is tied to western trading Partners.

it will play hard ball, but won’t want to risk its economy.
Not militarily. Russian gas will flow to china. Any sanctions won't affect Russia as greatly as before. There's are a few countries creating their own bloc.
 
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