A low point in monetary policy
The government’s move to Treasury control of RBNZ prudential policy is a terrible idea.
I must admit that after the recent change to the policy ‘agreement’ between the RBNZ and the Treasury – introducing house prices into monetary policy making – I thought it could not get any worse.
I stand corrected. Thursday’s announcement of the Deposit Takers Act marks a new low
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Dennis Wesselbaum
Sun, 25 Apr 2021
Sun, 25 Apr 2021
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A low point in monetary policy
Opinion,
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