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Inflation: Soft, Hard, or No Landing? / News of the Money-World Ep 60

NZ Everyday Investor

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Do You Think We're Control Freaks?

Do you think we're expecting too much from central banks and government to protect us from hard landings? Well, yes, short answer. But I actually think it's even worse than that. What you have is two very powerful forces fighting against each other. You've got governments who have completely outsourced the economic world and kind of economic stability to central banks. And they don't believe they have anything to do with it, or they're kind of not really there, right? In New Zealand, we saw it with the cost of living payments that went out, right? And inflation at record high. And what do we do? We go a couple of million dollars, a couple of

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