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  1. #41
    One Fearsome Feline winner69's Avatar
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    RB under Orr getting even weirder

    https://www.nzherald.co.nz/business/...ectid=12206354

    In a speech the other day a RB guy said ‘It’s like putting the roof on while the sun shines’ ...goodness gracious me
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  2. #42
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    Cometh the the caring govt , cometh the Gov to match. Times are are changing for the better, we adapt too. Great stuff. Adapt or be irrelevant.

  3. #43
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    “ Let’s leave Tane Mahuta in the forest. He has no place on The Terrace“

    https://www.interest.co.nz/opinion/9...cricket-umpire
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  4. #44
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    Thanks for highlighting the last line, it shows the writer has got some unhealthy agenda against the governor and his idea of yet more authorities and regulatory bodies is just supporting his network of talking heads all , justifying their jobs with spin and hubris and butt covering.

    Transparent indeed, adapting ,no.

  5. #45
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    Quote Originally Posted by Joshuatree View Post
    Thanks for highlighting the last line, it shows the writer has got some unhealthy agenda against the governor and his idea of yet more authorities and regulatory bodies is just supporting his network of talking heads all , justifying their jobs with spin and hubris and butt covering.

    Transparent indeed, adapting ,no.
    Unhealthy agenda? I thought it was a well structured opinion piece from a very knowledgeable writer. Orr needs to deflate his ego before someone else does it for him. We don't need rockstar RB governors and economists. We need sound policy and a functioning regulatory regime. Going and sitting with Te Roroa to get permission to talk of Tane Mahuta is PC BS. We've already got a flaky feel good PM, we don't need it spreading further.

  6. #46
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    Quote Originally Posted by jonu View Post
    Unhealthy agenda? I thought it was a well structured opinion piece from a very knowledgeable writer. Orr needs to deflate his ego before someone else does it for him. We don't need rockstar RB governors and economists. We need sound policy and a functioning regulatory regime. Going and sitting with Te Roroa to get permission to talk of Tane Mahuta is PC BS. We've already got a flaky feel good PM, we don't need it spreading further.
    Agree with you jonu
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  7. #47
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    Quote Originally Posted by jonu View Post
    Unhealthy agenda? I thought it was a well structured opinion piece from a very knowledgeable writer. Orr needs to deflate his ego before someone else does it for him. We don't need rockstar RB governors and economists. We need sound policy and a functioning regulatory regime. Going and sitting with Te Roroa to get permission to talk of Tane Mahuta is PC BS. We've already got a flaky feel good PM, we don't need it spreading further.
    Think your post was a fair rebuttal until the last line as well. thanks for your transparency anyway.

  8. #48
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    I see Orr (OK the RBNZ is) is recruiting for a CULTURAL CAPABILITY ADVISOR MAORI to help implement his "Te Ao Maori strategy..designed to build a bankwide understanding of the Maori economy"

    goodness gracious
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  9. #49
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    Inclusiveness in racism out.

  10. #50
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    Quote Originally Posted by Joshuatree View Post
    Inclusiveness in racism out.
    but isnt it racism to actually consider separately a Maori economy?

    (asking for Don Brash)
    For clarity, nothing I say is advice....

  11. #51
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    Quote Originally Posted by Joshuatree View Post
    Inclusiveness in racism out.
    Isn't it racist to assume someone thinks a certain way because of their race. Doesn't it become condescending (and racist) to have a token whoever, assuming they think the same as the other whoevers?


    Eg. Let's have a token brown one on the board, you know. To represent the brown ones. Hang on, what about that other shade of brown ones? Bummer, we forgot to include one of the rainbow brown ones. Maybe we need a brown one with disabilities. Have we covered it yet?

    Damn, got to repeat it for those Asian ones, cos we all know they think the same, right?

    How many spaces on the board again? Oh hell, we haven't even started on the gender diversity yet...you know all those non-binary ones x the shades of colour. Let's see LBGTQI+ XYZ LMNOP x how many racial groups? Good thing we have a big board table and are so self righteously smug that we know people of certain colours/types all think the same.

  12. #52
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    Reserve Bank getting involved in non central bank issues

    And this stinks of disaster capitalism

    https://www.rbnz.govt.nz/news/2019/0...stand-together
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  13. #53
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    Link comes back as 404 error.

  14. #54
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    Quote Originally Posted by SBQ View Post
    Link comes back as 404 error.
    https://www.rbnz.govt.nz/news/2019/0...stand-together
    For clarity, nothing I say is advice....

  15. #55
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    Another blast at Orr ....he really is a danger and we will all suffer in a couple of years with the approach he’s taking

    https://www.euronews.com/2019/04/16/...-foots-markets
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  16. #56
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    Quote Originally Posted by winner69 View Post
    Another blast at Orr ....he really is a danger and we will all suffer in a couple of years with the approach he’s taking

    https://www.euronews.com/2019/04/16/...-foots-markets
    For 20k+ posts, you're not usually so deeply concerned, but in this circumstance Orr is really pulling your strings. Would you mind explaining what it is that worries you so much? Do you just not like the guy, or is there something more sinister that you're concerned about?

  17. #57
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    By his own admission, apparently:

    "Calm and unruffled by his critics, Orr, who took the helm in March last year, has said he doesn't want to be seen as predictable nor for markets to simply rote-read his statements."

    Perhaps it's the "unpredictable" aspect. RBNZ governors don't usually go out of their way to cultivate that trait.

  18. #58
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    unpredictable has its benefits in that he wont be obvious and will keep the markets on their toes. predictable rate cuts are food for large players to gobble up.
    For clarity, nothing I say is advice....

  19. #59
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    Quote Originally Posted by peat View Post
    unpredictable has its benefits in that he wont be obvious and will keep the markets on their toes. predictable rate cuts are food for large players to gobble up.
    I concur with Peat here.Good for RBNZ dividends too !
    https://www.nzherald.co.nz/business/...ectid=12135573

  20. #60
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    Quote Originally Posted by kiora View Post
    I concur with Peat here.Good for RBNZ dividends too !
    https://www.nzherald.co.nz/business/...ectid=12135573
    Surely not insider trading!


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