Stick up at the petrol station
Cars drink up wealth like my children suck down homemade lemonade.
Which is why it is so infuriating to see OPEC, the league of big oil-producing countries, coming up with a plan to cut oil production by 15 per cent to drive up the oil price.
OPEC is a club of nations with a licence to extract money from households.
It’s a cartel that doesn’t even try to be discreet.
If New Zealand banks got together in a darkened room and made an agreement to lift margins on mortgages, people would end up in jail.
But OPEC is outside of country law, so they can thumb their oily noses at us.
Completely insulating yourself against the pricing power of monopolies, oligopolies and rapacious business types is tough.
Fortunately, partial insulation isn’t so hard.
For example, buying a house insulates you from landlords and