First there was Word, then came inflation

Donald Trump is likely to have an effect on the markets – we just don't know whether it will be good or bad. (Image: File)

David Chaplin

Wed, 22 Jan 2025

In the beginning, there was Word. And inflation, too, according to cosmologists, after something – possibly an Elon Musk late-night post on XfomerlyknownasTwitter – triggered a faster-than-light expansion of the early universe. Inflationary forces continue to propagate through the space-time continuum, expanding prices, for me anyway, at the front-end of 2025 despite assurances from the Reserve Bank of NZ (RBNZ) last November that annual “consumer price inflation has declined and is now close to the midpoint of the M...

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