An unbelievable exchange on April 21, 2020 where Reserve Bank of New Zealand Governor Adrian Orr says he's 'open minded' on direct debt monetization. Orr is guilty of honesty here …. he is a trained and respected economist, he knows exactly what he is saying here. This clip should be viewed as a signpost and turning point in monetary policy for the 2020s, if not beyond. |
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3 comments
adil maher
2020-04-29 at 14:28 (UTC 2) Link to this comment
Hi everbody
Bob Taylor
2020-04-29 at 22:01 (UTC 2) Link to this comment
NZ needs to be careful there.
People from AUS and NZ have problems with boundaries.
They are not good at making the best long term decisions.
Iain Parker
2020-05-03 at 02:05 (UTC 2) Link to this comment
Yeah like the nonstate finance network have never been guilty of cooking the books?