I saw a comment on Twitter from someone who claimed that his mortgage of approximately $350,000 was going to cost him about $7,500 more a year because of interest rate increases. I thought these numbers simply didn’t stack up. That is a very big increase in mortgage
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Capitalist Information Opinion The Industrial Revolution, which started about the time of the American Revolution, transformed the world in significant ways. Mass-production methods were invented and perfected, huge numbers moved to cities to seek employment, new products became widely available and incomes rose exponentially – with no inflation to speak
Richard Prebble bassettbrashandhide.com Richard Prebble CBE is a former member of the New Zealand Parliament. Initially a member of the Labour Party, he joined the newly formed ACT New Zealand party under Roger Douglas in 1996, becoming its leader from 1996 to 2004. The Reserve Bank’s .5% increase
We have been caught in a ‘wicked perfect storm’ for a few years now. Labour cancelled oil and gas exploration, then hit private landlords hard; resulting in a dwindling supply of rental houses and skyrocketing rents, made private housing less and less affordable… and that was before the pandemic hit.
stats.govt.nz Food prices were 7.6 per cent higher in March 2022 compared with March 2021, Stats NZ said yesterday. This was the largest increase since the year ended July 2011 when prices increased 7.9 per cent, partly influenced by a GST increase from 12.5% to
Dr. Mihai Macovei (macmih_mf@yahoo.com) is an associated researcher at the Ludwig von Mises Institute Romania. Warning Long read: 1,745 words Vladimir Putin’s invasion of Ukraine was met with unprecedented economic sanctions by the United States and its allies in order to cripple Russia’s capacity
Jeffrey A. Tucker is Founder and President of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press and 10 books in five languages, most recently Liberty or Lockdown. He is also the editor of The Best of Mises. He speaks widely on
To their complete and utter surprise, the legacy media have discovered that not many people trust them any more. Why on Earth would that be? It must be disinformation and conspiracy theories, they say. It certainly couldn’t be because they’re a rabble of elitist liars. I mean, if
Dan Sanchez fee.org Dan Sanchez is the Director of Content at the Foundation for Economic Education (FEE) and the editor-in-chief of FEE.org. The virus that locked down the world has returned to China in full force. And I don’t mean the Wuhan coronavirus. Nearly every
Remember Phil Twyford promising to build 100,000 houses in 10 years? It seems like a long time ago now. Instead of fixing the housing crisis as they promised, this Labour Government has made the situation worse for thousands of Kiwis. Housing is rapidly becoming a luxury in this country:
One of the biggest of the innumerable Big Lies of the climate lobby is that “renewables are cheaper than fossil fuels”. If this is true, one must ask two simple questions: why are energy costs spiralling in direct correlation with adoption of renewables, everywhere it’s being tried? And why
Patrick Carroll fee.org Patrick Carroll has a degree in Chemical Engineering from the University of Waterloo and is an Editorial Fellow at the Foundation for Economic Education. If you’ve been feeling some pain at the pump in recent weeks, you’re not alone. Gas prices are up around
David Seymour ACT Party Leader The Government’s books show Grant Robertson is profiteering from record inflation as he refuses to give any money back to New Zealand taxpayers. ACT can reveal the Government has taken in a massive $14 billion more in income tax revenue than expected, but Robertson
Jordan Schachtel brownstone.org Jordan Schachtel is an Independent investigative journalist. Some 25 months after their infamous Wuhan lockdown, the Chinese government has launched an even more ambitious lockdown campaign, this time in Shanghai, the country’s biggest city. This time, the stakes are even higher. The Shanghai lockdown is
