Propaganda’s high cost
Apr 24, 2022
2 minutes
BILL RALSTON
Way back in the olden days, when David Lange was prime minister and Roger Douglas his whizz-kid finance minister, I bought my first house. Mortgage interest rates were approaching an eye-watering 20% and I was sweating. The cost of living was appallingly high and wages dismally low. It was tough.
A decade or more
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