





In July 2022 New Zealand inflation hit 7.3%. It was worse in some other countries. Both US and UK were at 9.1%. In US 85% thought the economy is getting worse, a figure that should make us all think hard.
The usual solution to inflation is for the Reserve Bank to raise interest rates, but we will never win this way. Inflation is here to stay until we see the light regarding currencies. This at least will resolve food price inflation to some extent. Continue reading “Is there a solution to inflation?”