Many of us will agree that the COVID-19 economy in New Zealand has resulted in record-levels of government borrowing and Reserve Bank lending. Soon it may challenge the idea that we are supposed to keep those two things separate.
Crypto operates on the greater fool theory. Because it has little real world use currently, investors are buying it on the premise that they will be able to find someone down the line willing to buy it off them – the greater fool, or some optimist who believes they have found their own golden ticket.
Many of us will agree that the COVID-19 economy in New Zealand has resulted in record-levels of government borrowing and Reserve Bank lending. Soon it may challenge the idea that we are supposed to keep those two things separate.
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