Originally Posted by
Aaron
Thanks, not sure how you analyse them but using my negative outlook.
A bulls*it CPI figure that the RBNZ uses to justify pushing up asset prices, with workers falling behind the owners of capital. And we wonder why wealth and income inequality keeps getting worse (or better depending on your view).
It might indicate that owning some gold to protect against monetary debasement is worthwhile at least in recent history. Today is not too shabby, mind you all assets probably going up atm with the promise of rate cuts and more monetary debasement.
Alokdhir probably jizzing in his pants after the latest from Adrian Orr.