Inflation erodes debt doesn't it (hence printing money has a double bonus).
A Sword of damacles vs our "debt burden" which isn't that high internationally, currently.
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Inflation erodes debt doesn't it (hence printing money has a double bonus).
A Sword of damacles vs our "debt burden" which isn't that high internationally, currently.
Yeah good one. You’re advocating for high inflation now. Are you really Grant Robertson? Or Chris Hipkins? You seem to have the exact same mindset. We are looking at a series of enormous deficits in the coming years & all you can bray on about is “low debt”. That was a situation bequeathed to this rotten lot by all previous governments, it’s not for these fools to take that legacy and just put the pedal to the metal on borrowing to finance their socialistic daydreams.
Robertson is an absolute fool and Labour are a pack of idiotic clowns. Braying about ‘9 years of neglect’ and raving about a housing crisis, and they’ve come in and spent untold billions only to achieve worse outcomes & now have New Zealand committed to spending massively above our means. They haven’t created some great new society, they’ve created a nightmare.
$940 million per week.
https://www.nzherald.co.nz/business/...F2DSRDUFHDI44/
All benefits go up by CPI & so does the minimum wage.