RT @JoshBBornstein: 65 year study confirms my research: Tax cuts don't lead to economic growth. Ping @Nick_Xenophon , @BCAcomau https://t.…
19/08/2017 9:13 PM
RT @attn: .@Schwarzenegger has a blunt message for Nazis. https://t.co/HAbnejahtl
18/08/2017 9:38 PM
RT @PositiveMoneyUK: Make Monetary Policy Fair: It's time to explore alternatives to 'conventional' QE. https://t.co/m6CFVojm7w #QEforPeopl…
18/08/2017 9:35 PM
@deirdrekent To be expected when income is taxed and capital gain not...
16/08/2017 9:22 PM
@bernardchickey @YourHomeLoanNZ Add ring fencing loses / deal to negative gearing and we might see some balance develop in the economy.
16/08/2017 7:36 PM
@bernardchickey Or take the job and do the right thing anyway - the RBNZ is "independent" after all...
16/08/2017 7:34 PM
@bernardchickey Not take the job because you would know you would be on a hiding to nothing. The link between earn… https://t.co/nxPRuAaT6t
16/08/2017 7:31 PM
RT @theyearofelan: Sure, the cancer was aggressive. But the chemotherapy was also very aggressive. There was aggression on both sides
16/08/2017 7:27 PM
@bernardchickey DTI+LVR+OCR all needed for financial stability & inflation.RBNZ can then push back on dumb policy f… https://t.co/CqXISZUHGq
16/08/2017 7:27 PM
@SelwynPellett Farming capital gains makes it hard to pay current expenses hence the need to externalise costs. Th… https://t.co/J1yevZAHft
14/08/2017 5:46 PM
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14
DEC 10

TARA or TINA




The TINA’s (there is no alternative) are here again, this time in the guise of the Infometrics. No need to change anything in New Zealand we are doing the very best that can be done. Frankly if what we are doing is the best it is time to throw ourselves on the charity of Australia and plead to become Tasmania Two.

http://www.infometrics.co.nz/article.asp?id=5199

 

It has seen returns to our tradeable sector shrink to the point where investment has stopped, where jobs and growth hang on by their fingertips, when any who call for a change, a new direction and promote the position that there reasonable alternatives (TARA) brings out the TINA’s in force.


Singapore did not have Singapore’s money when Singapore started in 1960, it was about one fifth of New Zealand’s economic size, and today it is around one third bigger economically than New Zealand. Throughout that time Singapore has enjoyed lower interest rates, higher growth and lower inflation. Don’t you think there is something we might just learn from them, rather than hanging on to a failed prescription all the way to bankruptcy or charity?
 

You can see more here:

http://www.realeconomy.co.nz/21-monetary_policy_has_it_worked.aspx

http://www.realeconomy.co.nz/27-bollards_dilemma.aspx

http://www.realeconomy.co.nz/29-getting_things_done_the_singap.aspx


tags: singapore, growth, interest rates, tina, tara
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