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Comments on: NZ NDGP graphs – add your own comments! http://www.tvhe.co.nz/2013/02/08/nz-ndgp-graphs-add-your-own-comments/ The Visible Hand in Economics Sat, 09 Feb 2013 04:47:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Miguel Sanchez http://www.tvhe.co.nz/2013/02/08/nz-ndgp-graphs-add-your-own-comments/#comment-40415 Sat, 09 Feb 2013 04:47:00 +0000 http://www.tvhe.co.nz/?p=8141#comment-40415 You get a similar picture if you run it through any of the money/credit figures – hardly surprising if you think that velocity of money is fairly stable. So a yawning negative suggests to me one of two things:
1. The 1991-2007 period was just one long credit binge, and we shouldn’t be extrapolating from that.
2. Our notions of ‘sensible’ credit growth are so conservative as to be needlessly harmful, and we should be aspiring back to the days of double-digit credit growth.
Willing to hear a third, because frankly I don’t like either of those stories.

]]> By: shawn http://www.tvhe.co.nz/2013/02/08/nz-ndgp-graphs-add-your-own-comments/#comment-40414 Sat, 09 Feb 2013 00:24:00 +0000 http://www.tvhe.co.nz/?p=8141#comment-40414 i like it how u do this page.. go on!

]]> By: Luc Hansen http://www.tvhe.co.nz/2013/02/08/nz-ndgp-graphs-add-your-own-comments/#comment-40413 Fri, 08 Feb 2013 11:24:00 +0000 http://www.tvhe.co.nz/?p=8141#comment-40413 In reply to Eric Crampton.

Pretty stunning, too. I’ll be checking back with interest in the hope of further comment by you and your peers.

]]> By: Eric Crampton http://www.tvhe.co.nz/2013/02/08/nz-ndgp-graphs-add-your-own-comments/#comment-40412 Thu, 07 Feb 2013 20:51:00 +0000 http://www.tvhe.co.nz/?p=8141#comment-40412 Ok, that’s pretty depressing.

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