DiscoverPaulitical Economy™Post 338: Pepsi and governments lower the volume with further confirmation of our Special K economy
Post 338: Pepsi and governments lower the volume with further confirmation of our Special K economy

Post 338: Pepsi and governments lower the volume with further confirmation of our Special K economy

Update: 2025-10-23
Share

Description

  • Cheap funding has been the main cause of housing affordability crises.
  • After two quarters of negative sales growth, luxury group LVMH creeps into positive territory.
  • And after only one quarter of negative sales growth, Domino’s soars into positive growth territory.
    • Amazing what happens when you improve your customer value proposition.
  • Pepsi’s volume has declined for thirteen straight quarters.
    • And prices continue to rise.
  • London’s black cabs are increasingly under threat.
    • And a look back.
  • Sales growth returns to Delta.
    • But still the K-Shaped economy.
  • In Financial Ructions:
    • Yes, higher government spending results in lower economic growth.
      • A look at France.
    • And a look at Japan and how soaring debt to GDP ratios are inversely correlated with real wages.
    • Despite quantitative tightening, the Fed has been increasing its holding of securities with maturities longer than ten years.
  • We finish our book review of Taxes Have Consequences:
    • Fed Chair Volcker’s restricting the money supply, combined with tax cuts set the stage for almost two decades of stellar economic growth
    • The Keynesian multiplier theory ignores the negative multiplier impact on the private side.
      • As well as ignoring the negative impacts of the substitution effect.
    • The authors believe that the optimal tax rate on the Laffer curve is in the sub-20% range.
      • Whatever it is, it’s a lot lower than the current tax rate here in Canada.
        • Thus our disastrous record on investment and productivity.


Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Post 338: Pepsi and governments lower the volume with further confirmation of our Special K economy

Post 338: Pepsi and governments lower the volume with further confirmation of our Special K economy

Paul Musson