I like the idea where you have a compulsory Kiwisaver-type scheme which earners have to contribute to. So when you want to reduce spending in the economy, you simply increase the rate that earners have to put into the scheme.
People have less money in their pocket to spend, thereby reducing demand in the economy in a deflationary way.
But importantly, they get to keep the money that is invested, but access to it just gets deferred until they retire.
Why is customer service important? In the last 20 years I’ve had to contact my ISPs customer service precisely zero times. What do you talk to them about?
Fun fact. Modern inflation rate targeting monetary policy was invented in NZ by Don Brash (and others). It has since become economic gospel for most western banking systems. https://www.nytimes.com/2014/12/21/upshot/of-kiwis-and-currencies-how-a-2-inflation-target-became-global-economic-gospel.html
Ah, OK makes sense. Thought it was a possom or something. Thanks for the technical support on this issue.
A user boycott is a good idea. I’m doing that too.
Does this mean that !NewZealand is now politics free, more like /r/CasualNZ?
This is great! Just what I was looking for. It’s all so new and exciting. 🥳🥳
Here’s one I too a couple of weeks ago in response to a a colleague telling me the grass is always greener…