What goes up must come down – this applies to (ex) Mayors, inflation and employment alike. NZ has to reduce employment to ‘cool’ the ‘overheated economy’. How did we get here?
The level of tension is rising in New Zealand, fuelled by the Parliamentary protests, the length of time we have been isolated, inflation stressing people’s budgets… How can we reduce the tension?
Where are inflation and interest rates in New Zealand headed? Quantitative easing increased money supply but the government didn’t expect that to result in inflation. Huh?
To me, debt is the antithesis of of freedom. I have continued to believe this, despite the advice that the best way to create wealth is by borrowing money. Our government obviously believes in using quantitative easing to create honds worth $25B, around 1/8 of our 2019 GDP, which it will sell to the market.