Wednesday, January 22, 2020

memo to Adrian Orr, RBNZ...

Q: dude why do you think the central bank has independence from the legislateture?
 A: because most legislators think economics is too difficult

and,
most first home owners do not give tuppence for banks reserve ratios except when it impacts on the   price of interest on their mortgage.

and: if you going to give people $400 for their opinions I will gladly volunteer

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now for something completely different...