But the range of goods and services available to us has increased dramatically, as we have liberalised and as other countries have grown - indeed, it is often commented just how good the services available in New Zealand now are. If our tastes (our demand for goods and services) are increasing faster than our income, savings inevitably fall.
Criterios Generales de Política Económica para la Iniciativa de Ley de Ingresos y el Proyecto de Presupuesto de Egresos de la Federación Correspondientes al Ejercicio Fiscal 2016, p. 139, September. 8  See SHCP (2016). “Preemptive Fiscal Adjustment Strengthens the Commitment to Macroeconomic Stability,” Press Release, February. 4  BIS central bankers’ speeches  may be traced to lower and more stable inflation.