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  1. 24-01-2019, 09:04 AM #11
    Aaron
    Aaron is offline
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    Targeted inflation or planned price instability to make people feel like spending.
    An idea started in NZ around 1989/90. I can't help but think it is a bad idea. Confirmation bias got me looking at this article.
    Maybe he is right and this is only adding to the wealth gap. Certainly is when it comes to housing in NZ.
    https://www.zerohedge.com/news/2019-...nt-one-percent

    Mind you another conclusion is that if you save something rather than spend everything on consumption you can get ahead although that is difficult with savings rates of 2%-3% and asset price inflation at 8%.
    Last edited by Aaron; 24-01-2019 at 09:06 AM.
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