Inflation & interest rates

It was time to pull out my crystal ball to contemplate the future of interest rates and inflation in New Zealand. I actually pulled it out a few times in the last 2 months, and meant to document my prediction of interest rate rises by the end of the year, but more other interesting thingsContinue reading “Inflation & interest rates”

Money machines

There is no doubt that New Zealand, and all countries, are going to increase the amount of public debt they hold because governments are borrowing heavily to pay money to those who are not earning, or whose businesses cannot function, during lockdown to slow the spread of COVID-19. Debt has always seemed to me toContinue reading “Money machines”