During the Great Depression of the 1930s, governments all around the world borrowed – or printed – money to stimulate the economy. It was enormously successful because the plan almost everywhere was to get people out of the dole queues and back into work by building infrastructure. That was how so many
Simon Angelo Editor, Wealth Morning Information Op-Ed This article is general in nature and should not be construed as any financial or investment advice. To obtain guidance for your specific situation, please seek independent financial advice. My first car was a 1967 VW Beetle. A beautiful car. An air-
There’s an old anecdote about a visitor to Maoist China noting all the workers toiling with buckets and spades to dig a massive dam. Why not get a couple of bulldozers? he asks. Because, the cadre replies, then we wouldn’t have full employment. It’s easy to laugh
Don Brash bassettbrashandhide.com Don Brash was Reserve Bank Governor from 1988 to 2002, and National Party Leader from 2003 to 2006 That was the headline on an excellent article by Audrey Young in yesterday’s Weekend Herald – except that there was no question-mark at the end of the
19th September 2021 There have been a number of incidents by rebels in Myanmar with infrastructure damage designed to hurt the junta members financially being at the forefront of their activities. Monywa in the Sagaing region was the centre of much of this activity. The Monywa office of Mytel, the
In March 2020, Jacinda put us all into lockdown. At the time the whole pandemic was bewildering but she told us that if we locked down once and got on top of the disease, it would be best for the economy in the long run. “Do It Once, Do It
Morris 8 Morris 8 is a veteran motor industry insider, a small-c conservative, fiscally dry but socially liberal. Loves New Zealand, but hates the current slide towards separatism and socialism. Farmers and people living in rural New Zealand are upset about the proposed “ute tax” elements of the government’
Grant Robertson’s $7 billion top-up of the misused Covid Response and Recovery Fund gives him carte-blanche to splash more borrowed money between Budgets, says National’s Finance spokesperson Michael Woodhouse. “The Finance Minister has referenced the positive economic performance figures for the June quarter, before the Delta
Confirmation yesterday that the Government has sought authorisation to spend a whopping $41 billion over and above Budget 2021 is proof that the Finance Minister is once again using the cover of Covid-19 to spend taxpayer funds on pet projects that have little to do with New Zealand’s
Neil Miller Taxpayers’Union Taxpayers’ Union Analyst Neil Miller has been dwelling on the disastrous outcome of the taxpayer-funded subsidy granted to Amazon’s Lord of the Rings series, which has now shifted production to Britain. In a hole in the Beehive, there lived a hobbit. Not a nasty,
In a bizarre move, The Rarotongan Resort General Manager Tata Crocombe has deemed all unvaccinated persons to be unclean and banned them from his various premises! You might think that, for a small island nation that relies almost exclusively on tourism for their livelihood, banning a large chunk of your
Giada Ferrucci Western University Giada ferrucci is a Ph.D. Candidate in Media Studies at Western University. She holds a BA in Economic Development and International Cooperation from the University of Florence, Italy, where her research focused on the opium trade in Afghanistan and alternative economic development reforms, and an
It was only ever a matter of time. The government has been looking at ways to solve the so-called ‘ageing population’ issue and has proposed that, if superannuitants have earnings other than their pension, they should pay a higher rate of tax on those earnings. Welcome back to the
Don Brash bassettbrashandhide.com Don Brash was Reserve Bank Governor from 1988 to 2002, and National Party Leader from 2003 to 2006 One follower of our blog wrote in recently and said he would like to see a column on “the impact on New Zealand of the printing of billions
