⟳ Репост от Te wookie o te tāngata
NZ has - almost uniquely amongst our peers - tanked its economy and pushed 10,000s onto the dole (and offshore). We were told that this strategy would 'get interest rates down, tame inflation, and drive growth 🎉'. Yet, here we are, slumped and vying to be inflation champs. What went wrong? [🧵1/n]