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News and campaign updates from the team at
Positive Money New Zealand.

Our submission to the Three Waters Bill

Our submission to the Three Waters Bill

Oral submission to the Water Services Entities Bill on Friday the 19 August 2022 Good afternoon and thank you for the opportunity to provide this oral submission.  My name is Don Richards and I am the National Spokesperson for Positive Money New Zealand, a...

When and how to print money

When and how to print money

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...

There is more than enough money to pay the nurses

There is more than enough money to pay the nurses

The Government is spinning a false narrative when it tells the nurses, and the nation, that the nurses’ pay offer is the best they can provide, given the lack of money. “The Government’s bank provided private banks and financial institutions with $55 billion dollars...

Ground breaking papers from the Reserve Bank

Ground breaking papers from the Reserve Bank

The Reserve Bank has come out with a couple of courageous and ground breaking consultation papers on the future of money, says Positive Money national spokesperson Don Richards.
Key to the documents is the clear distinction between ‘central bank money’ and ‘private money’, issued mainly by commercial banks, the majority of our money supply.

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