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How gold became a memecoin

Thu 23 Oct 2025 16.00

International Affairs
How gold became a memecoin

AAP Image/Bianca De Marchi

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People have been queuing for gold and its giving toilet paper in 2020.

On this episode of Dollars & Sense, Greg and Elinor discuss the critical minerals agreement struck between the Australian and American governments, Andrew Leigh’s new anti-price gouging legislation, and why Aussies have been lining up for gold.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

This discussion was recorded on Thursday 23 October 2025.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Australia’s surprise unemployment spike suggests an economy not overheating but in need of stimulus by Greg Jericho, Guardian Australia (October 2025)

Coles, Woolies’ Secret Pricing Deal Undercuts Inflation Claims, the Australia Institute (September 2024)

ACCC Suing Supermarkets as Price Gouging Drives Inflation, Rate Hikes, the Australia Institute (September 2024)

Giving our consumer watchdog more teeth to tackle companies gouging shoppers, the Australia Institute (February 2025)

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

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