The Working Group 1 hour Economy Special with Bernard Hickey, Simon Bridges & Damien Grant
New Zealand’s greatest and bestest weekly Political Podcast that is NOT funded by NZ on Air returns because it just seemed wrong to leave you with the Spinoff’s awful podcast and Stuffs even worse podcast.
This week the Economy in 2022! How has Covid warped capitalism, will the climate crisis cripple free markets and how much do we all love Adrien Orr? How will inflation become political and should Grant Robertson get a knighthood for services to property speculators?
To debate these and so many more issues, we have the greatest public economist, Bernard Hickey vs National Party Finance spokesperson Simon Bridges vs Stuff Columnist and casual Libertarian Damien Grant.
The podcast broadcasts live at 7.30pm Mondays from the Mediaworks studios on Facebook, YouTube & The Daily Blog and posted up afterwards on Apple Podcasts, Spotify, Rova & Youtube.
Now with 73% more cravat!
The Reserve Bank’s wild house-price-boosting money-printing. Worth a read.
https://businessdesk.co.nz/article/opinion/more-amiss-at-rbnz-than-senior-staff-loss
I think everyone should watch don’t look up and realise that we have to first fight the oligarchies security (The New Zealand Police) in the streets. Things have to change and the government, bureaucracy and police are not on our side.
Poor U.S jobs data released Saturday/Friday has to cemented fears of rising interest rates. Inflation is out the gate.
This is an unusual set of circumstances around the world Covid has destroyed the just in time supply chains that the world’s economies have adapted to cut Cost’s of warehousing and stockpiling.
Now it will take years to reestablish these finely tuned delivery systems.
Then printing/QE has gone mainly to the banks who in these uncertain times are only lending to safe investments ie land,housing,art,collectors items,and shares.
This has caused runaway inflation and only benefited the 1%.
The old ways of cutting govt spending and raising interest rates will be popular again tax cuts for the well off crumbs for the poor.Stagflation will be the result.