Premium Only Content

"Wizard Of Economics: Philip Lowe's Magical Solution To Inflation Woes..."
Once retired, always revered, or so they say.
But for Philip Lowe, former Governor of the Reserve Bank of Australia, retirement was merely a pause before his grand re-entrance into the economic arena.
In a world where inflation in Australia has hit a two-year low at 4.1%, yet the RBA refuses to reduce interest rates, Lowe dons his new avatar – the Wizard Of Economics.
Amidst the backdrop of economic forecasts and interest rate conundrums, Lowe, with his wizard's hat slightly askew, waves a wooden wand (suspiciously resembling a pointer used in board meetings) over a cauldron labelled 'Australian Economy'.
"Behold, mortals," he declares, "as I concoct the perfect potion for economic equilibrium!"
The wizard's recipe is simple: a dash of lower interest rates, a sprinkle of consumer confidence, and a generous helping of government spending.
All stirred with the wand of wisdom, which, by Lowe's own admission, has been right 'occasionally'.
The crowd, a mix of baffled economists and amused onlookers, watches in a mix of horror and hilarity as Lowe predicts a drop in inflation to the RBA's target of 2-3% by the end of 2024, despite recent data showing a steady rate of 4.1% and a slow approach towards rate cuts.
As Lowe chants economic incantations, referencing his past predictions and the current state of the economy, a troupe of dancers dressed as dollar bills and coins join in, symbolizing the chaotic dance of Australia's financial market.
The satire is not lost on the audience, as they are reminded of the RBA's hesitant stance on reducing interest rates despite the falling inflation.
In a climactic finale, Lowe's wand accidentally breaks, symbolizing the unpredictable nature of economic policies and the often whimsical decisions of central banks.
As the wizard-turned-economist takes a bow, the audience is left wondering if the real magic lies in economic expertise or the art of making bold, yet uncertain, predictions.
#australia #australianeconomy #australian #satire #comedy
-
LIVE
The Rubin Report
52 minutes agoStephen Colbert Humiliated as NY Post Exposes the Real Reason He Was Cancelled
23,990 watching -
LIVE
Benny Johnson
1 hour ago🚨Obama-Gate Breakdown DEEP Dive: Will Obama Be Arrested Soon? Intel Community Labels Him ‘TRAITOR’
10,280 watching -
1:02:11
VINCE
2 hours agoIs The Chaos Over, Or Just Beginning? | Episode 89 - 07/21/25
177K162 -
LIVE
The Big Migâ„¢
3 hours agoDEEP STATE WHISTLEBLOWERS ARE DROPPING BOMBS
5,438 watching -
LIVE
LFA TV
14 hours agoLFA TV ALL DAY STREAM - MONDAY 7/21/25
5,272 watching -
LIVE
Caleb Hammer
1 hour agoShe Sucks... | Financial Audit
163 watching -
LIVE
Bannons War Room
5 months agoWarRoom Live
18,183 watching -
2:17:10
Matt Kohrs
10 hours agoMarket Open: New Highs, Tesla Stock Skyrockets & The Week Ahead || Live Trading
14.7K3 -
56:46
VSiNLive
1 hour agoA Numbers Game with Gill Alexander | Hour 1
10K -
32:27
Rethinking the Dollar
56 minutes agoGENIUS ACT: CBDC Is Coming Through the Backdoor | Genius Act Breakdown