Monday, October 8, 2012

Genuinely tragic statement of where we have got to…..

“Dr Norman (Greens Co Leader) said the Reserve Bank should print an extra $2 billion and buy Government earthquake bonds and replenish the Natural Disaster Fund by providing money for the fund to invest in overseas assets.

He said that would help reduce the need for overseas borrowing and send a signal to the market that New Zealand is prepared to act to protect its currency.”

It might have been nice to have thought he knew better…..


1 comment:

  1. so let America print greenbacks ,then borrow off them ,paying interest.Thats smart is it?