Attached: nz inflation.jpg (746x776, 96.18K)
>kiwi economics
Jason Watson
Leo Hill
There's a property crash coming there that's gonna collapse at least 60% of the current market price
Oliver Taylor
Don't worry bro the Government will take care of you
Ayden Scott
Sweet
Fucking great I was already planning to buy the house I live in
Benjamin Rogers
>We must print more money to deal with inflation.
OK, let me know how that turns out.
Connor James
Printing more money to fight inflation is how you get hyperinflation.
Justin Brown
These kikes are doing it on purpose. Destroy the system and bring on the great reset
Thomas Moore
It's not about fighting inflation, it's about keeping the money in circulation.
I hope so.
Ian Barnes
They're gonna kill you guys for the billionaires
William Morgan
I lived in NZ 2002 to 2015.
A house was £80,000 pounds or $240,000 at the time in Onehunga.
Thats a million dollar house at now two dollars to the pound.
Basically interest rates were still coming down from 20% in 80s and 90s due to effect of oil crisis in 70s.
The cheap debt has inflated the market so there is lot of retirement money on paper.
Retirees cannot exit the market as fast as land bankers.
Jacinda Horsecunt has stopped the taps of peoperty money to allow Kiwis to buy homes instead of letting the market do its thing.
So now the shock wave goes through as inflation causes the need for higher interest rates.
Reserve Bank raises interest rates properly and the kiwi housing market collapses.
I'm spending several million towards the end of next year buying property for tops of 50 cents in the current dollar.
My wealth is outside the Kiwi dollar so the effect will be magnified.
Isaac Young
This is a bad thing
Ethan Harris
I'm already starving
Ryder Sanders
It feels like everything that's going on lately is a desperate push by the world's elite to try to buy as much time as possible before shit hits the fan. I forget what razer (Occam's, Butt Fuck's, idgaf) this saying is from; "Dont attribute malice to what is possibly incompetence" But at this point it's got to be malice and I'm 100% confident their trying to do what they can so that they're safe when shtf
Ayden Wood
Its not malice.
They are so fucking dumb, they think they know what they are doing
Colton Torres
>government spend more XDXDXD
how about lower taxes you daft cunts
Juan Allen
No.
Greed is the great attractor in this choatic flocking.
The shitstorm is the aggregation of greed.
There is no one in control.
You're watching a real life trainwreck in slowmotion.
Sri Lanka is not in the news in case chimps like it and it catches on.
Angel Roberts
>Dont attribute malice to what is possibly incompetence"
That's from some blue pilled Jew
Kayden Ortiz
No, it's basic critical thinking.
Only actual jews make the comment you did.
Liam Scott
Why?
Luis Lee
>No, it's basic critical thinking.
>t. Jew
Yes, it's more reasonable that the elite running the world are all hilariously incompetent than it is they're corrupt beyond redemption and are fucking ever everyone and everything they can because they can. Checks out.
Landon Price
The economy is already on its last legs. It's been a decade since the housing bubble popped. The next one is going to be the big one.