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Posted
2 hours ago, holy ravioli said:

Where have you been Chief?Since the GFC...Q.E has been rampant all around the world.

Where was the inflation Einstein...the U.S is over 30TRILLION in the hole.

NZ is tiny...'when the U.S sneezes ,the rest of the world...catches a..cold'!🤑

So fuckwit you don't consider 8.2% annual inflation to be much?  Is that why the Fed Bank is now trying to roll things back?  There could be a job for you in Venezuela 🇻🇪!

Posted
2 minutes ago, Chief Stipe said:

I wouldn't be concerned Joe - that kind of endorsement from Holy Pasta actually puts you in the good knowledgeable guy category.

Yeas it puts you in the Chief's Club....!😆

Posted
4 minutes ago, Chief Stipe said:

So fuckwit you don't consider 8.2% annual inflation to be much?  Is that why the Fed Bank is now trying to roll things back?  There could be a job for you in Venezuela 🇻🇪!

What is the Fed 'rolling back'?They just increased the rate by .75 pts on Wednesday!

Inflation is higher in the U.S and the U.K than NZ.

Venezuela has been subjected to severe ..sanctions.

Posted
Just now, holy ravioli said:

Yeas it puts you in the Chief's Club....!😆

And a fine club that is too.  Have you got your bags packed and your red shirts and undies ironed to follow Comrade Cindy to some Global Fucked Up Organisation?

Posted
10 minutes ago, Chief Stipe said:

And a fine club that is too.  Have you got your bags packed and your red shirts and undies ironed to follow Comrade Cindy to some Global Fucked Up Organisation?

James Shaw is attending.No surprise you have no idea of whats going on in the world.

Posted
20 minutes ago, holy ravioli said:

What is the Fed 'rolling back'?They just increased the rate by .75 pts on Wednesday!

Debt reduction is a target.  Like the rest using the failed experiment increasing interest rates is the only tool in the kit left to contain inflation caused by QE.  

20 minutes ago, holy ravioli said:

Inflation is higher in the U.S and the U.K than NZ.

Your point?  Same cause same impact.  Although each measures inflation differently NZ 7.2%, US 8.2%, UK 8.8%.  So Muppet do you see the link between QE and inflation?

Sanctions?  You'd love Venezuela 🇻🇪!

Posted

L

10 minutes ago, holy ravioli said:

James Shaw is attending.No surprise you have no idea of whats going on in the world.

I was talking about her next gig once she gets the boot next year.  Open your eyes!

Posted
19 minutes ago, Chief Stipe said:

Debt reduction is a target.  Like the rest using the failed experiment increasing interest rates is the only tool in the kit left to contain inflation caused by QE.  

Your point?  Same cause same impact.  Although each measures inflation differently NZ 7.2%, US 8.2%, UK 8.8%.  So Muppet do you see the link between QE and inflation?

Sanctions?  You'd love Venezuela 🇻🇪!

Tell us about it...I actually think the Q.E in 2008 ....has been like a bubbling reservoir ,waiting to burst...but the so called 'experts' have other opinion's...

Btw ...I hope you understand the difference between fiscal and monetary policy...google it..before you respond.👀

Why Didn't Quantitative Easing Lead to Hyperinflation? (investopedia.com)

Posted
1 minute ago, holy ravioli said:

Too funny...'predicting is difficult...especially..about the future'!😆

So you predict that Ardern will still be the leader of the Labour Party and Prime Minister next year?  

I guess punting on racehorses is a type of prediction which you clearly have no interest in.

Posted
4 minutes ago, Chief Stipe said:

So you predict that Ardern will still be the leader of the Labour Party and Prime Minister next year?  

I guess punting on racehorses is a type of prediction which you clearly have no interest in.

Oh dear....you did mention the word...'accurately'...😁

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