We had two big oceans that buttressed our COVID response—one well known as the Pacific, which protects New Zealand from all sorts of dangers, including viruses; the other, nearly as big, is the ocean of debt and cheap credit. Over at the Reserve Bank, Adrian Orr has been blaring out, "Money for nothing and new staff for free." It's a revolving door over there. If the Government borrows, prints, and spends billions of dollars, the effects will be felt somewhere, and they're now being felt by New Zealanders everywhere—at the petrol pump, at the checkout, just about wherever they go—