According to the inflation calculator on the Reserve Bank website, the $1 on “decimal currency day” in 1967 is now $20.85. To put that another way, our currency has been devalued by 95% since its creation a mere 55 years ago, causing huge damage to our economy and nation
Vijay Raj Jayaraj cfact.org Vijay Jayaraj is a research associate at the CO2 Coalition, Arlington, VA and a contributor to CFACT. He holds a master’s degree in environmental sciences from the University of East Anglia, UK and resides in India. Imagine the entire US plunging into abject poverty.
Capitalist On my 16th birthday I walked out of school at 3:30pm and never went back; for all I know I am still enrolled there. The next day, having lined a few things up beforehand, I commenced an oddball ‘cottage industry’ around various farms of undertaking a series of
Don Brash The last time inflation was over 7 per cent was more than 30 years ago, and I was responsible for doing what Adrian Orr, the current Governor of the Reserve Bank, is trying to do now: get inflation back to the target mandated by the Minister of Finance,
Alex Klaushofer mercatornet.com Alex Klaushofer is an author and journalist who has written extensively on social affairs, religion and politics in Britain and the Middle East. She writes on Substack at Ways of Seeing. More by Alex Klaushofer As the internet becomes ever more crucial to day-to-day
The Doctor What could be worse than central bank incompetence? Central Bank Digital Currencies. Seventy-five basis points. Wow! The biggest increase ever in New Zealand. Gosh. Four-point-two-five per cent. No way! That Reserve Bank of New Zealand sure is tough on inflation. Or is it? If
Bryce Edwards Victoria University of Wellington – Te Herenga Waka democracyproject.nz Dr Bryce Edwards is Political Analyst in Residence at Victoria University of Wellington. He is the director of the Democracy Project. Will the looming economic recession kill off Labour’s re-election chances? Is the Reserve Bank making things
David Wojick cfact.org David Wojick, Ph.D. is an independent analyst working at the intersection of science, technology and policy. Wanting ever more money and getting very little, the UN climate agenda is now calling for the global financial system to bend to its will. I am not making
Gee, I’m angry. I can’t tell you how angry I am. The OCR hit a 14-year high today, with banks advising that approximately 60% of fixed mortgages will be coming up for renewal in the next 9 months – many of those over the summer. Thankfully, I don’
Yesterday the Reserve Bank Governor, Adrian Orr, shattered Kiwis’ Christmas dreams delivering a massive 75 basis point jump in the OCR, to 4.25 per cent. That is the highest rate since 2008. The news is bleak: The Reserve Bank has delivered a jumbo-sized interest rate rise of 75
Josh Stylman brownstone.org Josh Stylman, a former tech entrepreneur, co-founder Threes Brewing in Brooklyn, New York. It’s seemed evident for a while that the current fiat monetary system is, at best, unstable. At worst, it’s a Ponzi scheme whose time has expired. If that’s the
Joe Schaeffer libertynation.com Political columnist at LibertyNation.com Joe Schaeffer is a veteran journalist with 20+ years’ experience. He spent 15 years with the Washington Times, including eight+ years as managing editor of the newspaper’s popular National Weekly Edition. Striving to be a natural health nut, he considers
Jeff Deist Robert P. Murphy mises.org Jeff Deist is president of the Mises Institute, where he serves as a writer, public speaker, and advocate for property, markets and civil society. He takes particular interest in private legal systems and private money as tools for radically decentralizing political power. Robert
Adrian Orr, the governor of the Reserve Bank, has recently been reappointed for another five-year term by Minister of Finance, Grant Robertson. Robbo has been lavish in his praise of the governor, while plenty of others think he has done an awful job. Rather than lowering the official cash
Jeffrey A Tucker brownstone.org Jeffrey A Tucker, founder and president of the Brownstone Institute, is an economist and author. He has written 10 books, including Liberty or Lockdown, and thousands of articles in the scholarly and popular press. He writes a daily column on economics at the Epoch Times,
Claudio Grass mises.org Claudio Grass is a Mises ambassador and an independent precious metals advisor based out of Switzerland. His Austrian approach helps his clients find tailor-made solutions to store their physical precious metals under Swiss law. It can be argued that the world has reached the sorry
