• 2 Posts
  • 10 Comments
Joined 1 year ago
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Cake day: July 3rd, 2023

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  • I am not familiar with what’s happening in NZ and I don’t completely understand the payment thing. Does everyone in NZ get a basic monthly income?

    As for your question about inflation. There are several factors at play so too much demand for goods and a stressed supply can cause price inflation. But I think we have mostly moved passed supply constraints… at least in the industry I work.

    Monetary policy like hiking federal fund rates is designed to make the cost to borrow higher, which makes larger purchases less affordable, so you hold off on purchasing a car or a house or other items, tampering demand, so inflation goes down.

    Savings? That’s not something they talk about in America too often because we are an economic that thrives on dept, but I think in other parts of the world it is the norm to always be living within your means and putting away savings.





  • Just here to say that this man is not Tesla. The people that are making these cars are doing a fantastic job all things considered. I get not wanting to be associated with Elon but he’s one man in a giant company of people that are working their ass off to design and build these cars.

    And they are the best cars on the road. A generation better than anything else out there right now. The only other car I would consider is a Rivian, but they are so big and use a lot of electricity. If you don’t want to buy one than don’t, but evaluate the car and not the wack job CEO.