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...