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Nonconsensus · Aug 10, 2026

Australia’s Alternative Reality

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Both the US and Australia faced elevated inflation and a decently strong economy driven by a building asset boom. They took very different paths.

Two economies entered ‘26 with rates at similar levels facing elevated inflation vs target and a bit better than neutral employment conditions driven by household spending outpacing income growth tha…

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Read on bobeunlimited.substack.com

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