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Podcast: NZ Business Owners
Episode: Ep 207: Could Inflation Bankrupt New Zealand?
Description: The real threat to businesses isn’t Covid its interest rates.
It’s inevitable, inflation is just too high.
The reserve bank needs to do something.
Inflation has launched up to 4.9%
It’s just a matter of time.
I don’t have a crystal ball but what I do have is call after call with people over capitalised.
Planning their future based on a 3% interest rate.
It could very well remain that way but if you’re not stress testing your assumptions then you’re putting your...