The dark side of the rock star economy
I truly don’t get it. Many financial market commentators appear to be saying that because the New Zealand economy is a rock star, we need to now endure an increase in interest rates.I won’t argue here...
View ArticleIs global economy really on the mend?
If you really thought it was now safe to venture back into the markets now, then it is probably best that you don't read on.read more
View ArticleLiving in fear of full employment
The spectre of a return to the 1970s was (once again) raised when I dared to suggest recently that our interest rate policy was, to be blunt, self-defeating. Unlike my accuser, I actually lived...
View ArticleWho moved the inflation goal posts?
About this time last year, there was an overwhelming clamour from market players that New Zealand's interest rates must go up. I admitted at the time I was perplexed as to why, but presumably wiser...
View ArticleYes! At long last, we have a plan – it's a secret but it is working
Did you know we had a plan? And, did you know that it’s working?Well, entering the Budget lock-up last week I was confronted on the screen greeting us with the banner: A plan that’s working.read more
View ArticleHas fiscal responsibility become a false idol?
It's still the economy, stupid. So what economic offerings are in the tea leaves heading towards this year's election?read more
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