Make no mistake - inflation is with us & many other nations right now ..
Money printing machines turning over frantically .. lots of additional loose Govt money injected
into economies..
Basically the same quantity or less real goods
Upwards spiral in values & prices for housing, shares & other assets - don't we &
others already have that - for those who can see & recognise it? ;)
More Readies in Circulation to Same amount of Goods - What is the likely result ?
The beady eyed bureaucrats may not be exactly reporting it as "Inflation" but in reality it is
the sneaky sort of inflation you have - when you have little or no reported Official Inflation ;
and conveniently still allows the fumbling Politicians to continue feeding feel-good BS to the
very gullable & not so bright quotients of Society (many of whom can't read or understand anyway) .
The Stats counters probably only get away with it, because their narrow vision misses the wood for the trees,
as per usual .. ;)
How many billions of Imaginary Funny Money* did NZ Treasury "create out of nowhere" for Govt
under guise of more Huge Govt Debt to RBNZ (if you like with RBNZ owned by the Govt borrowed
from Govt effectively or itself), to then inject into the economy in just 2020 alone ? ;)
* should the billions of these instead be called "Robertson's Government Debt Penny creations" instead ? ;)