Christoph Schumacher: Economist says Gabrielle damage repair, loss in productivity could cost tens of billions of dollars

An economist is warning that the repair of Cyclone Gabrielle could cost our economy tens of billions of dollars. The flow on effect of repairing damage, along with the country's loss of productivity and further supply chain issues will take it's toll on the economy, putting even more pressure on inflation. Massey University professor in Innovation and Economics Christoph Schumacher joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.