Orr later admitted the RBNZ was purposely engineering a recession to slow spending and bring inflation under control. Swarbrick responded to Orr’s admission by accusing the RBNZ of sacrificing the “lowest income New Zealanders at the alter of economic orthodoxy”. Let’s be very clear, Chloe is 100% right and Ryan is 100% wrong! Or put another way by Chloe, “sacrificing the lowest income New Zealanders at the alter of economic orthodoxy”. If you can’t contribute but want to help, please always feel free to share our blogs on social media.

Source: Stuff November 29, 2022 03:37 UTC