Mar 1, 2023 | Monetary Financing, News
In November last year, our National Spokesperson Don Richards sent a letter to his local MP, Justice Minister Kiri Allan. In it, he outlined issues with our current monetary system and asked for her support to raise awareness: What we have seen is first, excessive...
Feb 20, 2023 | Media Releases, Monetary Financing, News, Opinion
The clean-up bill for Cyclone Gabrielle will be way in excess of the $14 million promised by our Prime Minister and much of the financial burden may well fall on hard pressed councils. Councils are already struggling under the weight of the devastation caused by...
Oct 20, 2022 | Media Releases, Monetary Financing, News, Reserve Bank
To: Members of the Petitions Committee, New Zealand Parliamentcc: Dr Duncan Webb, MP (the MP who received our petition) Follow up to our petition, “The Reserve Bank Covid-19 recovery direct funding petition”, published 1 July 2021 You may remember that our petition...
Aug 16, 2022 | Monetary Financing, News, Opinion
Money creation by the Reserve Bank has been rightly blamed for contributing to our high inflation rate, but this is because the money has gone to the wrong sector of our economy. Through quantitative easing (also known as Large Scale Asset Purchases or LSAP) the...