Fruity as hell...
I had high hopes for Orr but he seems to be overreaching his role at every opportunity. We've gone from one extreme to the other...
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Clearly not into crypto
"The death of the currency is much exaggerated at the moment, and likewise the life of a lot of these cryptocurrencies," Orr said.
Diversity and Inclusiveness thats our future.No need to be scared, embrace positive change and leave redundant RB habits behind. KEEP UP :t_up:
"I think we were lagging behind in some places," Orr says. "It's not just tikanga Māori, it's about accepting what future New Zealand looks like. It doesn't look like current New Zealand. It's going to be Polynesian, Asian, European, as opposed to European, Polynesian, Asian" and the bank has to grow with the change.
Maybe wishful thinking from the Euro-haters.
http://archive.stats.govt.nz/browse_...2013-2038.aspx
Stats NZ still has European NZ'ers as a comfortable majority of the population out to 2038 (and by inference beyond), so his characterisation is completely bogus. Possibly more worrisome for our treaty partners as they will be shortly overtaken as out largest minority.
We seem to be straying well away fom this forum's theme - Investment Strategies.
;)
Good speech by Orr ....good probably because I agree about short termism
https://rbnz.govt.nz/research-and-pu...eech2018-09-07
Orr sounds bored as a RBNZ Governor .....seems more interested in things other than monetary policy (and my opinion he’s not doing that well)
Excellent read , thanks for the link w69.
yes thanks from me too w69.
Another Orr masterpiece (under guise of RBNZ)
https://rbnz.govt.nz/-/media/Reserve...huta.pdf?la=en