Andrew Dickens: Steven Joyce was the first bit of economic sense I’ve heard in a while
How good was it to hear Stephen Joyce with Kerre Woodham yesterday morning?
The former Finance Minister talked calmly and rationally about our inflation crisis and government spending.
I hope Christopher Luxon was listening, because he has a lot to learn.
It was great to hear Mr Joyce talking about the inflation spike and it’s causes.
He correctly said it’s unique quality was that it was a supply shock and not a demand shock that created an inflationary situation that exists worldwide.
Even before the pandemic we had a low interest rate environment. With so much cheap money floating about we…
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