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RBNZ’s Orr on Direct Debt Monetization

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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Permanent link to this article: https://snbchf.com/video/rbnz-orr-debt-monetization/

3 comments

  1. adil maher

    Hi everbody

  2. Bob Taylor

    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.

    1. Iain Parker

      Yeah like the nonstate finance network have never been guilty of cooking the books?

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