ADRIAN ORR our NEW RBNZ GOVERNOR

[TeslaGod]

More on the runaway inflation here -

https://www.nzherald.co.nz/business/...7E5QETLN2KWVQ/

PlaceMakers' customers get price rise warning up to 15%: freight, raw material costs cited

12 Aug, 2021 05:18 PM

Fletcher Building's national retail chain PlaceMakers has warned customers of price rises across many different product categories, some going up 15 per cent, and Bunnings is suffering some product shortages.

There's a big wide world outside little old New Zealand

Below are 2 very big players in the world.

American CPI inflation for July was reported overnight at 5.4%, the same as for June. Components of their core inflation (that is, excluding food or petrol) slipped slightly to +4.3% for the year to July, raising the prospect that it may have peaked

China's new yuan loans in July have stunned analysts by coming in at a very weak level, confirming the overall China economic slowdown

But hey Logen Ninefingers according to economist you will get your wish with an OCR increase.

Which will eventually be very painful down the line.

It's like telling me house prices prices have skyrocketed yesterday.

You need to know what is going to happen not what we already know.

I prepared years in advance for the current economic climate.