ADRIAN ORR our NEW RBNZ GOVERNOR

[Aaron]

Single or double shot. My pick is single with a weakling like Orr or none at all. We need strong leaders in important roles not spineless jellyfish.

https://www.nzherald.co.nz/business/...4QLIN77CWRIPU/

If the retards in Wellington had any clue they would be protesting Adrian Orr keeping his job after basically denying social mobility to the bottom 30-40% of society with his massive overreaction to covid. The top half has enjoyed the asset price inflation and the bottom half get to pay the inflation tax along with the top half. It is yet another regressive tax in NZ, Labour or National no difference.

[winner69]

Single or double shot. My pick is single with a weakling like Orr or none at all. We need strong leaders in important roles not spineless jellyfish.

https://www.nzherald.co.nz/business/...4QLIN77CWRIPU/

If the retards in Wellington had any clue they would be protesting Adrian Orr keeping his job after basically denying social mobility to the bottom 30-40% of society with his massive overreaction to covid. The top half has enjoyed the asset price inflation and the bottom half get to pay the inflation tax along with the top half. It is yet another regressive tax in NZ, Labour or National no difference.

Be funny if he held OCR .... because of the Russians

[stoploss]

Orrsome +.25

[winner69]

Orrsome +.25

he's a wimp eh

[winner69]

Like the cover to the latest MPS

My mate Michael tweeted - Brought to mind Norman Kirk's promise to "hit inflation for six". Unfortunately, over the term of that govt the inflation rate tripled....

and

And I'm still not sure what messaging the Bank wanted readers to take from putting an aerial shot of the Basin on the front cover of the MPS

https://www.rbnz.govt.nz/-/media/Res...6-f6bbbc45be5a

[dobby41]

delete delete

[Aaron]

Like the cover to the latest MPS

My mate Michael tweeted - Brought to mind Norman Kirk's promise to "hit inflation for six". Unfortunately, over the term of that govt the inflation rate tripled....

and

And I'm still not sure what messaging the Bank wanted readers to take from putting an aerial shot of the Basin on the front cover of the MPS

https://www.rbnz.govt.nz/-/media/Res...6-f6bbbc45be5a

Thanks for the link, I should be reading stuff like this instead of bellyaching on share trader. No surprises from Adrian... weak.

[Aaron]

Moving to slowly??

Time will tell

https://www.msn.com/en-nz/news/natio...?ocid=msedgntp

A 1 percent OCR is a 'stimulatory' interest rate, he said, questioning why the economy currently requires that level of support. 5.7% inflation not high enough for Adrian.

The biggest fragility for the economy is the financial sector and debt which was encouraged by the RBNZ for the last 30 years.

[clearasmud]

Moving to slowly??

Time will tell

https://www.msn.com/en-nz/news/natio...?ocid=msedgntp

A 1 percent OCR is a 'stimulatory' interest rate, he said, questioning why the economy currently requires that level of support. 5.7% inflation not high enough for Adrian.

The biggest fragility for the economy is the financial sector and debt which was encouraged by the RBNZ for the last 30 years.

Aaron, how old are you?
Don Brash was a very tough Reserve Bank governor until 2002.

[Aaron]

Aaron, how old are you?
Don Brash was a very tough Reserve Bank governor until 2002.

Have we ever had a tough Reserve bank governor?

https://tradingeconomics.com/new-zealand/interest-rate

What they are doing with trickle down economics is becoming obvious even to a moron like myself and more blatant every crisis. It is not working but they can't stop now unfortunately.