https://www.kiwiblog.co.nz/2023/07/i...oogle_vignette
Interesting snipet on inflation here. The war doesnt appear to be a significant cause looking at this.
On another matter, why is our NZD so weak and will get it stronger? I have a small percentage of my money in a fund hedged to NZD. I want to make all my funds unhedged but I'm not doing so until it goes up. Will the NZD strengthen or will the NZD go the way of the Rand or Turkish Lira? Or is this not a fair comparison?
I'll tell you what though: having 90 per cent of my money unhedged has helped my investments, as of yesterday, to reach an all time high. Theyre now slightly higher than in December 2021. Feels good to be back on top. There and Back Again - an 18 month journey.
Of course if i add inflation in - its still a sh@t show. An absolute cluster fuc@. My buying power has gone down drastically and I am much much poorer.