ADRIAN ORR our NEW RBNZ GOVERNOR

[TeslaGod]

I am curious as to what you call “the free market.”

1. Simple Supply and demand. Law of the jungle - no regulations, law, standards, legal enforcement framework. A free-for-all type of market.

2. Supply and demand subject to the law with relation to representations, standards, quality regulation, system of enforcement. In other words a structured market.

As you say tax is evil, who would protect your assets from theft and invasion. Would you have a system of private armies and vigilantes so If a dispute arises the party with the strongest army wins.

1: Definitely left to the individual/ company to run as they see fit. You get what you pay for, you fail then that's on you and your bad management.

A well paid, well trained private company owned police force. Not dictated by ideology of the government, Paid well by the companies, investors and local communities.

[Bjauck]

1: Definitely left to the individual/ company to run as they see fit. You get what you pay for, you fail then that's on you and your bad management.

A well paid, well trained private company owned police force. Not dictated by ideology of the government, Paid well by the companies, investors and local communities.

Ok. To me that sounds like a Mad Max scenario. My idea of the “free market” is as per my option 2, so differs from yours.

Would the local communities be forced to pay for these “well-paid private company-owned” police forces?

[TeslaGod]

Ok. To me that sounds like a Mad Max scenario. My idea of the “free market” is as per my option 2, so differs from yours.

Your number 2 choice is the system we have now.

How's that working out for the have nots?

[dobby41]

1: Definitely left to the individual/ company to run as they see fit. You get what you pay for, you fail then that's on you and your bad management.

A well paid, well trained private company owned police force. Not dictated by ideology of the government, Paid well by the companies, investors and local communities.

So tax is evil?
We could still have police but paid for by a different 'tax'.
I presume that police force would only help those who had paid and the rest are on their own - user pays?
What about hospitals, schools, roads, sewerage, and water? Who pays for that?
Would you share your vision of an untaxed society would look.

[TeslaGod]

So tax is evil?
We could still have police but paid for by a different 'tax'.
I presume that police force would only help those who had paid and the rest are on their own - user pays?
What about hospitals, schools, roads, sewerage, and water? Who pays for that?
Would you share your vision of an untaxed society would look.

Basic blue print would be modelled off ACC.

A mix of private and charter schools, what's being taught in schools today only helps those who are capable of higher education.Most education after year 10 is a waste of everyone's time.

Privatisation of all council services.

A goal would be to cut tax but 25% then 50% then 80% and hopefully have no tax paid .

[TeslaGod]

Basic blue print would be modelled off ACC.

A mix of private and charter schools, what's being taught in schools today only helps those who are capable of higher education.Most education after year 10 is a waste of everyone's time.

Privatisation of all council services.

A goal would be to cut tax but 25% then 50% then 80% and hopefully have no tax paid .

My point being is how much wealthier we would be as a nation if that tax take didn't go towards pointless things like 3 million on a communications department for the PM.

Apologies to moderator for going of topic.

[dobby41]

Basic blue print would be modelled off ACC.

A mix of private and charter schools, what's being taught in schools today only helps those who are capable of higher education.Most education after year 10 is a waste of everyone's time.

Privatisation of all council services.

A goal would be to cut tax but 25% then 50% then 80% and hopefully have no tax paid .

Privatisation of all council services. - someone still pays (tax). If it is user pays then measurement and collection can be an issue.

ACC - I get taxed and the company I work for gets taxed to pay for a universal, no fault system which some people get no use out of.

[TeslaGod]

Privatisation of all council services. - someone still pays (tax). If it is user pays then measurement and collection can be an issue.

ACC - I get taxed and the company I work for gets taxed to pay for a universal, no fault system which some people get no use out of.

Yes ,the more you use it the more you pay, but your hard earned money goes were it should go, not funneled through government coffers.

ACC is highly admired around the world

[dobby41]

ACC is highly admired around the world

ACC is a good model for what it does but I'm not convinced that it scales to replacing all Govt and council functions.
A full 'user pays' model would be interesting to see in terms of equality of access for all.
I think all Govts and taxes have an element of 'socialisation' to them - those that don't have still get access - otherwise, the gap between the 'have' and 'have nots' gets wider and social disharmony (leading to a Mad Max society as someone suggested).

[Aaron]

Confirmation from the RBNZ house price increases due to higher immigration and lower interest rates.

https://www.interest.co.nz/property/...een-average-52

Keep building houses by all means but if you are serious about addressing the rise in house prices someone needs to address the drivers. 1/ reduce immigration 2/ increase interest rates

Not that hard really if you have the cajones. Unfortunately time and again Adrian has shown a lack of spine when it comes to doing the right thing. Make the hard calls as well as the easy ones Adrian.