[-] felixfurtak@lemmy.nz 4 points 1 year ago

Here's one I too a couple of weeks ago in response to a a colleague telling me the grass is always greener...

[-] felixfurtak@lemmy.nz 1 points 1 year ago* (last edited 1 year ago)

I like the idea where you have a compulsory Kiwisaver-type scheme which earners have to contribute to. So when you want to reduce spending in the economy, you simply increase the rate that earners have to put into the scheme.

People have less money in their pocket to spend, thereby reducing demand in the economy in a deflationary way.

But importantly, they get to keep the money that is invested, but access to it just gets deferred until they retire.

[-] felixfurtak@lemmy.nz 2 points 1 year ago

Why is customer service important? In the last 20 years I've had to contact my ISPs customer service precisely zero times. What do you talk to them about?

[-] felixfurtak@lemmy.nz 4 points 1 year ago

Fun fact. Modern inflation rate targeting monetary policy was invented in NZ by Don Brash (and others). It has since become economic gospel for most western banking systems. https://www.nytimes.com/2014/12/21/upshot/of-kiwis-and-currencies-how-a-2-inflation-target-became-global-economic-gospel.html

felixfurtak

joined 1 year ago