Reserve Bank Governor Adrian Orr suggests the Government could provide more support in his fight to get inflation back down; Robertson says Orr was talking generally; Willis calls for fiscal restraint
Bernard don’t fall into the lazy idea that fiscal management is a choice between stimulus or spending cuts and fewer public services. There is plenty of scope in the next few years to improve public services and constrain the next burst of spending,
If the Gov invests in health spending surely this flows through and results in secondary spending fueling inflation? Eg health employee wages, new infrastructure, expensive capital equipment?
All the right wing ever does is advocate for austerity. Nicola Willis has no good ideas, just wants to gesture towards spending to win political points, yaaaawn.
Bernard, it'd be great if you have time to do some investigation into inflation profiteering here in NZ. Popular Information (and a few others) have been examining how record corporate profits in the US have been the main driver of inflation, on top of covid stimulus. https://popular.info/
The reserve bank governors comments were sloppy and frankly unhelpful.
Is Grant not being enough of a mate to Adrian?
Bernard don’t fall into the lazy idea that fiscal management is a choice between stimulus or spending cuts and fewer public services. There is plenty of scope in the next few years to improve public services and constrain the next burst of spending,
If the Gov invests in health spending surely this flows through and results in secondary spending fueling inflation? Eg health employee wages, new infrastructure, expensive capital equipment?
All the right wing ever does is advocate for austerity. Nicola Willis has no good ideas, just wants to gesture towards spending to win political points, yaaaawn.
Bernard, it'd be great if you have time to do some investigation into inflation profiteering here in NZ. Popular Information (and a few others) have been examining how record corporate profits in the US have been the main driver of inflation, on top of covid stimulus. https://popular.info/
The reserve bank governors comments were sloppy and frankly unhelpful.