Comments on: Back into growth http://www.thestandard.org.nz/back-into-growth/?utm_source=rss&utm_medium=rss&utm_campaign=back-into-growth The New Zealand labour movement used to have its own newspaper. A group of us thought that now might be a good time for it to be digitally reborn: The Standard v2.0 - now in a new format The Standard v3.0 Sun, 21 Mar 2010 05:10:16 +1300 http://wordpress.org/?v=2.9.2 hourly 1 By: BLiP http://www.thestandard.org.nz/back-into-growth/#comment-160853 BLiP Wed, 23 Sep 2009 05:33:20 +0000 http://www.thestandard.org.nz/?p=20813#comment-160853 Correct. That's why John Key said he would love it if wages came down. Correct. That’s why John Key said he would love it if wages came down.

]]> By: burt http://www.thestandard.org.nz/back-into-growth/#comment-160768 burt Wed, 23 Sep 2009 01:24:45 +0000 http://www.thestandard.org.nz/?p=20813#comment-160768 Time to put taxes up ! Can't have people getting wealthy and not needing welfare before 2011.... Time to put taxes up ! Can’t have people getting wealthy and not needing welfare before 2011….

]]> By: Bright Red http://www.thestandard.org.nz/back-into-growth/#comment-160741 Bright Red Tue, 22 Sep 2009 23:50:01 +0000 http://www.thestandard.org.nz/?p=20813#comment-160741 Fonterra: "“Our hedging policy is designed to take out the volatility and provide as much certainty for our farmers as possible. But as a rule of thumb a 1 cent movement in the exchange rate realised over a year has an impact of about +/- 10 cents per kgMS in the Milk Price, with everything else being equal.”" Fonterra: ““Our hedging policy is designed to take out the volatility and provide as much certainty for our farmers as possible. But as a rule of thumb a 1 cent movement in the exchange rate realised over a year has an impact of about +/- 10 cents per kgMS in the Milk Price, with everything else being equal.””

]]> By: Bright Red http://www.thestandard.org.nz/back-into-growth/#comment-160740 Bright Red Tue, 22 Sep 2009 23:48:16 +0000 http://www.thestandard.org.nz/?p=20813#comment-160740 wow, look at the exchange rate go! http://nationalbank.co.nz/economics/exchange/nzdusd.aspx Nearly a cent in the last hour That's on top of gaining a cent yesterday. The farmers will be having heart attacks. wow, look at the exchange rate go! http://nationalbank.co.nz/economics/exchange/nzdusd.aspx

Nearly a cent in the last hour

That’s on top of gaining a cent yesterday. The farmers will be having heart attacks.

]]> By: So Bored http://www.thestandard.org.nz/back-into-growth/#comment-160737 So Bored Tue, 22 Sep 2009 23:35:19 +0000 http://www.thestandard.org.nz/?p=20813#comment-160737 Marty you are right that the fundamental problems are unresolved, that we have revived the cardiac arrested cash flow by allowing debt to be underwritten and refinanced by the guarantee of the public purse. Ultimately the toxic debt on the books of the worlds major financial institutions needs to be flushed out, which can only mean that it is repudiated or inflated away. Either way the system is bung and you and I will foot the bill. The more serious issue is that we are even talking about growth in the traditional context. Growth economics has pased its' environmetal and sustainability use by date. Marty you are right that the fundamental problems are unresolved, that we have revived the cardiac arrested cash flow by allowing debt to be underwritten and refinanced by the guarantee of the public purse. Ultimately the toxic debt on the books of the worlds major financial institutions needs to be flushed out, which can only mean that it is repudiated or inflated away. Either way the system is bung and you and I will foot the bill.

The more serious issue is that we are even talking about growth in the traditional context. Growth economics has pased its’ environmetal and sustainability use by date.

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