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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Hunter’s Corner
5 mins to read

We’re still stuck with flawed solutions to economic problems

The RBNZ is throwing the kitchen sink at our Covid-19 crisis but it’s not exactly a precision instrument.

Tim Hunter Fri, 17 Apr 2020

Scene: On the bridge of the Reserve Bank, tension fills the air. Governor Adrian T. Orr stares at the black hole of recession on the screen as it sucks the ship into its giant maw.

“I need more money Scotty! Give it everything you’ve got,” he yells.

“The balance sheet cannae take it

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Tim Hunter Fri, 17 Apr 2020
Contact the Writer: thunter@nbr.co.nz
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We’re still stuck with flawed solutions to economic problems
Hunter’s Corner,
83308
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