Quote Originally Posted by Aaron View Post
Agreed, if Chloe can identify the people and policies behind the rising wealth inequality they can address the issue, but I doubt the rest of the greens have enough brains to get past their ideology and work it out. Central planners at the central banks are largely responsible. See how the RBNZ turned around a predicted 10% fall in house prices prior to covid into a much more than 30% rise over the last two years. Drop the OCR to .25% and print up $70bill to assist bank lending. Easy as. Easy to reverse as well but it wont happen. No political will to do it.
A 10% fall would have done a huge amount of good- would have taken the heat out of the market and shown that there is always risk in a true functioning market. Damn the Reserve Bank for inflating a super-bubble.