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

NZ Everyday Investor

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Is Inflation a Bad Thing?

Interest payments is a percentage of GDP. That's going to kind of get, that's going to triple over the next kind of probably five to 10, five years or so. And so that might put an extra 1% of expenditure on the government books. How do you deal with inflation? Keep interest rates a bit higher. In this way, we're effectively being taxed through the monetary system so that our governments can spend more money.

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