Warning to poor savers - a future of flatting

This sobering but humorous TV ad, a warning to all poor savers, has been a hit for Westpac. It's been voted people's choice on blogs and has also won an advertising industry effectiveness award. The ad makes its point in a highly entertaining way. But is sharing a flat when you're older really such a bad idea?

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Markets with Madison: Money printing
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Markets with Madison: Money printing

The Governor of the Reserve Bank of New Zealand explains how the expansion of money supply and higher consumer prices have eroded people’s purchasing power. Video / Carson Bluck / Mark Mitchell