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Contact:
Foundation for Economic Growth,
P.O. Box 10-282,
Wellington, N.Z.
Email
The Foundation for Economic Growth is a group of like-minded individuals who have decided to act rather than accept New Zealand's continuing poor economic performance. The Foundation is not affiliated with any political party. Add Your Comments Here.

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Most recent update: Mar 3rd, 2014 - 11:01:36

Statistics
OECD: Gross and net national income per capita

Here is the information about New Zealand's place in the OECD - down at number 22 out of 30 - and dropping!

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Oct 31, 2007, 17:02

Statistics
Money Supply

Inflation is the increase in the money supply in a country. This shows up as price inflation when the increase in the supply of money is greater than the increase in the value of the goods and services in the same time.

Since Labour has been in power the money supply (M3) has increased from $98,520m (Aug 1999) to $190,913m (Aug2007). This is an increase of $92,393m or 94% in eight years and of course it has produced inflation.

This shows up mainly in houses. Has your house doubled in price in the last 8 years? What is really happening is that as the government prints paper money and issues credit(debt to us) its value falls. If the print enough its value fals by half. Your house has not doubled in value. The value is much the same as it has always been. It is just that the new dollars that the government is printing are only worth half as much as they were in 1999.

How much has your salary or wages gone up by? Because we are now buying much cheaper goods from China et al in Asia we do not see the inflation so much in consumer items. Also computer and TV electronic gear is greatly reducing in price because of technonlogy. If your cash wasn't getting inflated away they would seem to be even cheaper!

The web site below points to the original information published by the Reserve Bank. Look for yourself. Also be aware that the USA Federal Reserve recently stopped publishing their M3 money supply. I wonder why they felt the need to stop giving the public the real truth.

This is not a conspiracy - it is the natural consequence of politicians being in charge of printing paper money.

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Oct 12, 2007, 12:13

Statistics
Real GDP Growth per Capita 1955 to 2003
How often do Journalists and Politicians select their statistics carefully to argue a shabby case when the data does not support them. If you read "The Skeptical Environmentalist" by Bjorn Lomborg you will see how the Greens around the world have distorted information by incorrect use of statistical methods. That is, what they claim is scientific and a logical deduction from the facts is actually not the case. A clear overview of the actual data will often show up the error of their argument.

For this reason I have listed here the information that I gleaned from the New Zealand Department of Statistics about growth in GDP with inflation removed and then compared and adjusted these figures to take account of the changes in population.

Looking at the base information will give you a very much better understanding of growth in New Zealand than all the selective studies that I have seen elsewhere. Click [ Download/View File ] to download a "Word" document with the data...
Download/View File ]
Sep 29, 2004, 11:52