More cycleways should be built seperated from the road. canterbury does it well with the rail trail etc.
These paths would have a tiny cost and will last for decades.
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More cycleways should be built seperated from the road. canterbury does it well with the rail trail etc.
These paths would have a tiny cost and will last for decades.
May need a new thread soon to cover all the "RED" days soon ;)
Dont know why the markets are dropping. Term Deposits are still 3 percent for five years. If inflation remains the same by the end of a 100 k Deposit you would have lost in real value terms $15,000. Where is the sense in that.
It's way worse than that - on this Govt's hidden or invisible inflation - not reported anywhere.
(That is if movements in value of real assets - property, shares etc running at highs is ignored)
How much did Govt artificially increase money supply ? was it 100 Bils ?
What was it before that ?
If available real goods haven't increased, it's not difficult to work out the "Real Invisible Inflation"
out of this Govt's fiscal policies
On a term deposit of $100 K in before stimulus - if money supply doubled due to stimulous
& available real goods remained static - Loss of Value / Spending Power would be 50% in real terms
This ignores further inflationary effects which come on top - which you refer to
Further Govt fiscal steps may or may not further impact real value in future of that $100K deposit
as they attempt (or more likely are destined to bungle at) reigning in inflation
Govt (via IRD) also strip RWT Tax out of any Interest income at source as well, along the way
Someone best tell Comrade Robertson that's safe to borrow another $200 Bils for a new Covid Fund
and hope like **LL the s**t don't hit the fan ;)
Tonga may appreciate a bit of extra trade for something to replace the local Kiwi Fiat transferables ;)
The Warehouse may do a ripper of a trade in new wheelbarrows to facilitate all the new transferables :)
Why is russell 2000 (small cap) closely following the nasdaq if inflation and interest rates are the main issue?
The fed is planning to unload its asset book, might make it harder to small caps to get favourable debt terms? Could also be that russel 2000 is following SP500 but with higher volatility, making it appear similar to nasdaq 100?
Available goods have and are increasing (in price), significantly in many cases obscenely increasing, and to further complicate the situation 'availability' of good (imports particularly) are already seriously compromised by supply / shipping logistics, very seriously for some industries.
The hurt shows up in the smaller developers, builders, applicators, retailers, manufacturers etc (the back bone of NZ business) ... who suddenly get prioritised down off the list of supply, in favour of the top ten or twenty customers of the supplier. They just don't get their product supplied anymore, or won't for months.
The **** is hitting the fan in reality land. Straight out of stop-work lockdowns and into an endemic virus affecting worker supply on top of massive logistical product supply delays and shortages. It's really bad, unfortunately.
The Government is out of touch, they have no clue or if they do they have no answers and just seem to have lost the plot about economic health vs public health. The conjoiner is that public health includes mental health and well being, though while 'saved' from an epidemic it is crushed by having ones livelihood taken.
The Government just doesn't seems to get it, I'm not sure why, it seems so obvious.
Nick Mowbray on the Govt. Paywalled sorry. https://www.nzherald.co.nz/business/...HTDA4UCDGVPZI/