Quantitive Easing -Made in New Zealand-
...the Greens are currently proposing a round of quantitive easing 'printing money' (so they say it) to ease the pressure on the dollar and help the manufacturing sector in NZ to stay competitive - however, with a reserve bank interest rate of 2.5%, there's plenty of room towards 0% to achieve the same outcome
...in light of the relative high reserve bank interest rate, quantitive easing in NZ would be a completely misguided response to current economic challenges
...what had the Green Head been smoking before letting loose such misguided policies
Kind Regards