Hey Grant & Adrian: Where did the $50 billion increase in the Kiwi money supply come from? Mr Putin?
Here are some numbers buried in the Reserve Bank's "Money and Credit Aggregates", as measured by "M1", which is the amount of cash held...
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rmacculloch
- May 29, 2022
- 2 min
Why's the Media insulting National & ACT's (justified) opinion about the causes of inflation in NZ?
The NZ Herald's Business Editor, Liam Dann, asserts that National Party Leader Luxon's linking of high government spending to inflation...
rmacculloch
- May 27, 2022
- 2 min
Did the RBNZ Sucker the Finance & Expenditure Select Committee?
At the recent meeting of Parliament's Finance & Expenditure Select Committee, the Reserve Bank Governor was reported as voicing...
rmacculloch
- May 26, 2022
- 2 min
Seems former United States Federal Reserve Bank Chair Ben Bernanke thinks NZ is doing just fine!?
I'm trying to muster up some prominent guest speakers with an economics background to visit this country, either virtually on Zoom or...
rmacculloch
- May 25, 2022
- 2 min
An Elite Club of Big Bankers Platformed by NZ Media Inc to say sweet nothings about the OCR
Look at who our main media outlets have asked for commentary today on the RBNZ's OCR increase (to two percent): primarily the Chief...
rmacculloch
- May 22, 2022
- 4 min
Our Revenue Minister’s “Piketty-Tax” Plan Laid Bare
Below is my column in the NBR this month: France has a real estate wealth tax scheme. It is assessed on the total value of property owned...
rmacculloch
- May 21, 2022
- 1 min
BUDGET 2022: Robertson "agreed" there would be no inflation crisis - now Kiwis are paying the price
Look at the document below which I found in the government's files - its says that inflation in NZ is to be held at 1 to 3 percent over...
rmacculloch
- May 21, 2022
- 2 min
Newshub owe ACT Leader David Seymour an immediate retraction and apology
In extraordinary comments this week, Shamubeel Eaqub called ACT Leader David Seymour "economically illiterate". It was said in response...
rmacculloch
- May 16, 2022
- 1 min
Forget NZ's Zero Carbon Goal. How about Zero Poverty?
It's a shame that our Deputy Prime Minister, Grant Robertson, has an ambition, come what may, to achieve a Zero Carbon target, yet no...
rmacculloch
- May 16, 2022
- 1 min
The Covid Modelers said the upper limit of virus cases would be 1,000. Its 2.5 million and counting.
Back in August last year, when this Covid-19 outbreak had begun (and which has never been eliminated) the Coronavirus modelers hit the...
rmacculloch
- May 13, 2022
- 1 min
The Former RBNZ Assistant Governor & Chief Economist Slams the RBNZ
In what must amount to extremely damaging comments, John McDermott, who is the Director of Motu and winner of this country's most...
rmacculloch
- May 11, 2022
- 2 min
Max Key's question to the PM was pure genius. Ardern's response contradicts her own Treasury.
It fell on Max Key to pose a brilliant question to the PM at a Business NZ event. He addressed the single biggest issue confronting the...
rmacculloch
- May 10, 2022
- 1 min
The Inflation Plot Thickens: The RBNZ & Robertson may yet be proved guilty
Way back in the middle of last year, we were forecasting high inflation in NZ, fully breaching the country's agreed targets, at the same...
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