It is on the coronavirus thread #7310 attached to this comment.
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It is on the coronavirus thread #7310 attached to this comment.
We have been here before in the 1970s – high inflation. And like the 1970s banks have lots of money but much of it is not being used productively, as in capitalism to produce goods and services and provide employment. It is instead inflating asset prices, and being used for speculation.
https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp
“How the Great Inflation of the 1970s Happened
The easy-money policies of the American central bank—designed to generate full employment by the early 1970s—also resulted in high inflation.
Easy money is when the Fed allows cash to build up within the banking system—as this lowers interest rates and makes it easier for banks and lenders to loan money.
However, it is clear that monetary policies, which financed massive budget deficits and were supported by political leaders, were the cause
The latest episode of Clueless Cindy & her nincompoops - caught unprepared for the omicron outbreak, using heavy handed method to hijack RATs from private businesses & contact tracing failing (as it did during the delta outbreak):
https://www.newsroom.co.nz/without-a...miss-two-cases
https://images.squarespace-cdn.com/c...g?format=2500w
Cindy imploring NZers to get the booster shots :
https://www.nzherald.co.nz/nz/covid-...T4RN5Q2K5ZBGA/
And that’s after shutting down the vaccination centres for 3 weeks over the Dec/Jan period even though omicron was already rampaging across the world since early December!
Unprepared and complacent, basking in the false glory of her eradication strategy - bunch of nincompoops showing their backside for their indoctrinated supporters to kiss.
Maybe just the big public vaccination centres like the one at St Leonards Rd Mt Wellington.
But there were still plenty of places you could get vaccinated open, Health Centres, pharmacies, your GP etc.
There was a significant drop in demand over holiday period & those huge centres would probably have been sitting idly on their hands.
I would like my jab early since there's rapid spread of omicron expected.
The bloke who had 10 jabs at once seems to be fine :p