@ajthompson13 @ReserveBankofNZ RBNZ have been "living with" 8.3% *real* annual inflation (c.f. CPI lies) since 2000; &gt;10% since .

By "3%" what they mean is "over 13%".

M3 money supply vs house prices. Weird how these track each other perfectly, but "inflation" was somehow only "2%"🤔

  https://t.co/yLjxmidOJf