>> (the Greeks face this in a huge way if they exit the Euro) >And do you understand what that will actually do? The Greeks will have to accept a lower standard of living if they move to a low valued drachma (arguably they will have to anyhow) >> Arguing ...
Please support your first premise: "a low dollar increases the local and the export value of goods produced domestically". I fail to see how a floating exchange can affect the value of a good. For example I work for a company that prices its export goods ...
Yes, a strong dollar increases the purchasing power of rich New Zealanders and poor New Zealanders. Whats your point?
dont be obtuse.. we all have items labled made in china/thailand/vietnam ranging from "the warehouse" marklah to hard drives and slr lenses
>>There were a couple of other odd issues you raised, such as the exchange rate being high because “we” have too much money. Love to know who “We” is, because most people in the country do not have all that much. Devaluing our currency will reduce the ...
I dont often participate in this forum, it is hard to keep the debate focused on the issues
There is an argument that taxing land and capital is better.. as they are somewhat fixed in location compared to labour.
You havent explained why the NZD should keep on par with US inflationary printing. If NZ was to pursue inflationary printing that would reduce the purchasing power of each dollar you and I hold. It would also maker workers poorer in wages (because they are...
Come on CV, attempt to be charitable.. you dont want to look like a close minded idealogue
Thankyou, would you like to elaborate on that?
I think most of this is complete bunk. Here is my interpretation. >> 1. Our exchange rate is too high We have too much money >> 2. Our exchange rate is open to manipulation (it is unstable). Prices are not what I would like. Someone please implement price ...
It would help if the greedy folk in local govt would ease up on the staggering fees they charge to allow subdividing and multiple dwellings on a section
That is a fairly large false dichotomy. There probably needs to be a column that features politicians and other statist components.
I support freedom of movement across borders. The main barrier to this I would guess is state provided services (social wellfare, social heathcare, state education etc) they would collapse pretty fast under an open border situation
So suppose the first world stops importing goods from the third world... what do you think will happen to those factory workers? I have no doubt the conditions are bad relative to what we enjoy but what makes it slavery?
hey now that is uncalled for (cheers for the eye candy however). Let us suppose that John Key did have a snigger that NZ First is "dying off".. big whoop, he has now joined the ranks of the rest of the country (not that I would vote for him in a million ...
wow, you have now lowered yourself to the level of Glen Beck http://web.archive.org/web/20100102010244/http://didglennbeckrapeandmurderayounggirlin1990.com/
ha, you should write for the colbert report, actually scratch that I think he is a sunday school teacher
If one is going to make moralistic judgements on those who buy RWC finals tickets then one should be prepared to have ones own spending scrutinized similarly (I bet these clergymen and philosophers aren't poor by any stretch). In short "let him who has no ...
no, not that sort of thing at all. giving a damn about each other is orthogonal to whether ones actions are coerced
Peter Shiff had something to say about Elizabeth Warrens spiel http://www.youtube.com/watch?v=mSadCyMu_Dk In short she got it the wrong way around... the factory owner and workers *are* the "rest of us" who paid for the roads etc.. where does she think the...
I know this is supposed to be satire but I actually agree with the larger point. Either an individual is a slave to society.. or he/she is not
fair point
>The party went from polling about 25% to close to 40% after Brash’s Orewa speech. Which was a pretty good result I would have thought (the election night was very close) What probably tipped it into labours favour was the last minute student loan policy (...
What makes 2005 the "unloseable election" for the Nats?
No bbfloyd I dont agree that this issue is costing nz income. Where do you get that idea from?
>Dairy farmers are being doubly smashed at the moment: per tonne USD prices are falling AND when they bring those USD home, it results in less NZD onshore. If the USD gets devalued then (all other things being equal) the per tonne USD price of dairy will ...
Thank-you for your most constructive feedback. It may be a pathetic analogy but the point I am trying to make is that generally people wanting to hold on to our currency is a good thing (kiwis are the only people who must - by fiat - take payment in kiwi ...
I am aware of the recent “currency devaluation wars” and as far as I can see they may benefit one sector of society but at a direct cost to another. Historically a strong currency has been something that a country is proud of (is a skilled professional sad...
Excuse me what is being destroyed by the high dollar? >ummmm yeah…currency valuations are all relative…arguing that “THEY ARE WEAK” as opposed to “WE ARE STRONG” makes no difference. There are other currencies also. >They are using currency depreciation to...
>So, if you want a lower exchange rate, you know who to vote for. Well considering I get paid in NZD and have savings in NZD I know who *not* to vote for Geez the exchange rate probably isnt even that high, the value of USD, pounds and euro happens to be ...
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