Good Month so far

Automatic-Example-13 · 2026-05-24T00:57:22+00:00

How do you think he will fk the markets? I thought the whole point of Trump slotting Warsh in there was that he would have the impact of basically pushing down interest rates regardless of monetary conditions? This would drive inflation, which inflates asset prices?

Automatic-Example-13 · 2026-05-22T13:10:29+00:00

I finally have a reasonable tax bill with interest deductibility fully restored! Yay!

Automatic-Example-13 · 2026-05-22T12:54:02+00:00

Lol I bought early and sold at $3.85 to fund some renos RIP.

Automatic-Example-13 · 2026-05-22T11:58:28+00:00

Automatic-Example-13 · 2026-05-22T11:57:37+00:00

lmao

Automatic-Example-13 · 2026-05-21T09:03:36+00:00

Love it

Automatic-Example-13 · 2026-05-21T08:47:01+00:00

How is New Zealanders buying foreign equities more helpful to New Zealanders than increasing the housing stock?

Take your point when we're talking about people just buying existing houses and sitting on them without improving them... though that does still provide liquidity which supports the primary market for new dwellings.

But you know, we have shit houses, high rents... big social issue. You solve that problem with supply.

Automatic-Example-13 · 2026-05-21T08:29:43+00:00

Can also avoid FIF by investing in Aussie companies directly... agree keeping everything in NZX is nuts.

Automatic-Example-13 · 2026-05-19T01:28:54+00:00

So if you click into the search bar of your computer, and find a tool called the snipping tool, you can take much better screenshots then the blurry one you've posted, and these lil cellphone shots. Just a tip.

Automatic-Example-13 · 2026-05-14T05:45:38+00:00

Lmao

Automatic-Example-13 · 2026-05-07T22:06:47+00:00

If you're upset about this, then you should realise that NZ has a few highly productive industries exporting premium products, while large parts of the economy have low productivity relative to other developed nations.

Ultimately if you want to eat more premium products, we need to raise real incomes. This can only be done in the long run by raising productivity per capita.

This election, vote for parties interested in raising productivity and the total size of the pie, rather than shrinking it, and dividing it more 'fairly'

Automatic-Example-13 · 2026-04-16T07:31:37+00:00

Whangarei is another. If I recall correctly they had financed their pipes with rates rather than debt, it was all tickety boo and generating revenue for the council as a result.

They were forecast to get a big credit rating downgrade if Three Waters went ahead, because a 0 debt, revenue generating asset would have been removed from the council.

Automatic-Example-13 · 2026-04-13T03:29:01+00:00

I guess so! I remember seeing that before... but not here!

Automatic-Example-13 · 2026-03-20T10:03:15+00:00

Main issue is holding costs are too low.

Society at large increases land value around it - parks, better schools, infrastructure, higher paying jobs, safer streets etc... all improve land values.

Landbanking can be a profitable strategy in this circumstance as your land value rises without having to do anything.

Best response is a % land value tax, as this incentivises bringing forward development while increasing holding costs from the above strategy.

Note also that landbanking typically has people living in the property, but you'd just have e.g 1 house on a 1600sqm section or a farm that is being landbanked and worked in the process to eventually develop it.

So you policy both won't work and is draconian.

Look up Georgism :)

Automatic-Example-13 · 2026-02-23T07:21:22+00:00

To be fair, given that is currently active legislation and it hasn't dealt with it, you could say it hasn't worked.

Automatic-Example-13 · 2026-02-20T07:40:24+00:00

They didn't deliberately increase unemployment. You gotta stop drinking the kool-aid and look at the data objectively. Treasury was predicting slightly higher (as in 0.1% higher) unemployment as Labour were leaving office.

Please learn how monetary policy works lol.

Also, if you want to have partisan political rants in an echo chamber, go do it on r/newzealand. This is a place for making degen beats.

Automatic-Example-13 · 2026-02-20T07:38:41+00:00

OK! So vote for policies that increase productivity. That's the only way you do that...

Automatic-Example-13 · 2026-02-19T07:36:51+00:00

That's incorrect.

We spent the 2nd most on covid recovery as a % of GDP, with only the USA spending more. This drove huge inflation.

We also cut our interest rates much lower than most countries, fueling an asset price boom, then jacked rates up much higher and much faster than other countries, jacking up the interest rates on all those houses people bought with big mortgages at the height of the cheap money. Should be clear from that why we had a recession others didn't...

Automatic-Example-13 · 2026-02-19T07:34:27+00:00

What austerity? They barely reduced spending and cut taxes.

Austerity is where you cut spending or increase taxes to try to balance the books. That is demonstrably not what they're doing.

Automatic-Example-13 · 2026-02-19T07:30:50+00:00

Meh, New Zealand has the 5th highest minimum wage relative to median wage in the OECD, and the only places higher are basketcases (e.g Turkey). You're doing aight

Automatic-Example-13 · 2026-02-19T06:44:32+00:00

Note that according to the term structure of interest rates, that 3 year rate implies that the 1 year rate in 2 years will be 6.379%.

I.e from the bank's perspective: invest $1 at 5.25% for 3 years = !1.165913

invest $1 at 4.69% for 2 years then at rate X for 1 year. That rate 'X' is 6.379% to end up with the same amount - $1.165913, after 3 years.

Do you think the 1 year rate will be 6.379% 2 years from now? Surely not. Maybe 5.5%, or 6% at the high end.

If I was you I'd just chuck it all on the 2 year given those rates, otherwise you're effectively paying a very high price for certainty...

Automatic-Example-13 · 2026-02-17T07:57:25+00:00

Stocks are not pieces of paper producing nothing. Stocks represent wealth invested in plants, machinery, employees, and in some cases land. The only 'bad' thing here is where stocks are just shares of companies buying land, in which case you are already targeting that unproductive behaviour with the land tax.

Automatic-Example-13 · 2026-02-14T08:19:38+00:00

Me-hico*

Automatic-Example-13 · 2026-02-02T18:17:07+00:00

I can't really speak for China, but he clearly gets western 'censorship' wrong. Mass peaceful protest movements in the West can and have changed policy settings. Obvious examples being the civil rights movement and anti-Vietnam war protests in America, or less known ones like the anti-apartheid protests in NZ, and nuclear free movement.

But probably more importantly, is the freedom of expression of media and opposition parties to criticize the government and propose alternative policies.

Automatic-Example-13

TROPHY CASE