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Inflation success for the NZ Reserve Bank
http://www.newshub.co.nz/home/money/...e-hardest.html
Never mind that the price of houses has been inflated to what are considered high levels.
Looks like the Fed is doing the same thing to house prices in America
http://www.zerohedge.com/news/2017-0...le-has-arrived
And here is some hope for the deflationists betting against the central banks and govt/economic policy
http://www.zerohedge.com/news/2017-0...g-deflationary
Inflation is still winning in all key areas not just asset prices now but food, rent, electricity etc. deflation in non-essentials might continue if too much discretionary spending for younger generations is diverted to pay the mortgage and grocery bill and fund superannuation for themselves and an older generation that hasn't put anything aside to cover their generous nz super annuation scheme.
Last edited by Aaron; 28-07-2017 at 09:24 AM.
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