New Zealand’s inflation rate is at a 30 year high. Across the globe, central banks are scrambling to control it without tipping their economies, and indeed the world, into recession.
New Zealander Darian Woods has made a career in the US explaining complex financial concepts in plain English. He’s the host of NPR podcast The Indicator by Planet Money, NPR’s financial team. So can he help us make sense of inflation? And the record profits being recorded by banks?
Before NPR, Woods worked as an adviser to the Secretary of the New Zealand Treasury. He has an honours degree in economics from the University of Canterbury, and a Master of Public Policy from UC Berkeley.