It might just be me on this thread but I am not the only one who thinks CPI statistics are bull**** for the average NZer. Although not quite sure what his conclusion is at the end as its a bit vague. Possibly he is pointing out a problem then concluding that wages should not rise or it will upset our current wonderful system I'm not sure.
https://www.stuff.co.nz/business/105...treat-yourself
My conclusion is that as long as you have capital(that isn't taxed) and a system designed for inflation we eventually create a divide between the rich and poor that becomes too difficult to breach. Like royalty, wealth might become a birth right. A bit early with the predictions but we seem to be progressing this way.