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Leftist New Zealand Govt to Hand Out Stimulus Checks to ‘Fight Inflation’
Breitbart ^ | 05/20/2022 | Kurt Zindulka

Posted on 05/20/2022 10:21:01 AM PDT by ChicagoConservative27

The leftist government of New Zealand will begin handing out millions of checks in an attempt to fight inflation, despite government spending typically being a key contributor to inflation.

In order to supposedly combat inflation, which has risen to a 30-year-high in New Zealand, Finance Minister Grant Robertson announced on Thursday that the Labour Party-controlled government would be issuing 350NZD ($225/£180) in checks to some 2.1 million Kiwis in weekly payments over the next three months.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: checks; inflation; newzealand; stimulus
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Printing money to take the hard edge off inflation? WTF is this dumb BEEP talking about?
1 posted on 05/20/2022 10:21:01 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Is this from Babylon Bee?


2 posted on 05/20/2022 10:22:38 AM PDT by Nashcash
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To: ChicagoConservative27

It’s like putting out a fire with gasoline.


3 posted on 05/20/2022 10:23:38 AM PDT by Oberon (John 12:5-6)
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To: ChicagoConservative27

That’s like ‘Fighting for Peace!’.....................


4 posted on 05/20/2022 10:24:38 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Nashcash

They cannot compete with reality..............


5 posted on 05/20/2022 10:25:05 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Oberon

Or deterring looters with big screen TVs in the parking lot.


6 posted on 05/20/2022 10:27:02 AM PDT by Rurudyne (Standup Philosopher)
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To: Nashcash

Breitbart. I had to look twice.

5.56mm


7 posted on 05/20/2022 10:27:13 AM PDT by M Kehoe (Quid Pro Joe and the Ho need to go.)
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To: Oberon

No, you dont understand. You’re not using enough gasoline.


8 posted on 05/20/2022 10:27:43 AM PDT by Jonny7797
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To: ChicagoConservative27

Must be they’re afraid of the population so they’ll do a few hand outs to pacify them. Money does talk.


9 posted on 05/20/2022 10:28:03 AM PDT by caww ( )
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To: ChicagoConservative27

Pouring gasoline on the fire.


10 posted on 05/20/2022 10:29:43 AM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: ChicagoConservative27

Then when inflation continues to go up, they’ll say it’s because they didn’t give out enough free money the first time. The NZ MSM will enthusiastically agree.


11 posted on 05/20/2022 10:30:47 AM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27

Anyone supporting this is just outing themselves as somebody whom has zero clue about what causes inflation and how economies actually work.

Unreal.


12 posted on 05/20/2022 10:30:54 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: caww

New Zealand has been disarmed, they don’t fear their citizens.


13 posted on 05/20/2022 10:30:55 AM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: ChicagoConservative27

Finance Minister Grant Robertson

14 posted on 05/20/2022 10:31:09 AM PDT by BookmanTheJanitor
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To: ChicagoConservative27

If you liked Sri Lanka you’re going to love New Zealand.


15 posted on 05/20/2022 10:31:20 AM PDT by billorites (freepo ergo sum)
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To: BookmanTheJanitor

Well, he never misses a lunch!


16 posted on 05/20/2022 10:34:54 AM PDT by W. (I hate this effing cellphone! It's constipated!)
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To: ChicagoConservative27

It doesn’t make sense until you remember: Leftists ALWAYS lie. They lie at all times. They would rather climb a tree to tell a lie than stand on the ground and tell the truth.

They know full well this won’t fight inflation. They are only citing inflation as a pretext to do something they want. In this case, redistribution of wealth.


17 posted on 05/20/2022 10:35:37 AM PDT by Dragonspirit (CNN is the enemy. Ashli Babbitt is the hero.)
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To: fuzzylogic
...zero clue about what causes inflation..

If there was anything I could teach to a low information voter it would be that inflation is a tax on the poor. We all know it is more than 8%, they simply redefine the items used for the count.

18 posted on 05/20/2022 10:36:06 AM PDT by Nateman (If Mohammad was not the Anti Christ he sure did come in as a strong second.)
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To: caww

Money talks. It did coax Georgia into voting Dem in 2020.


19 posted on 05/20/2022 10:43:29 AM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: ChicagoConservative27
And this must be how New Zealand will meet increasing power demands:


20 posted on 05/20/2022 10:47:46 AM PDT by Tench_Coxe
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