Who is this Hoskings person, I’ve only been in NZ for seventeen years and I’ve no idea who he is - bur judging by these comments he sounds rather small minded so I won’t bother to find his programme.
... own currency (and that’s not members or the EuroZone) can...
To Papa Mike: To whom does the ‘printed money’ have to be ‘paid back’?
... can devalue currency then why not housing - just knock a couple...
... days houses, almost uniquely, do not have a price. Stocks and...
Thank you Nic the NZer for providing a sensible analysis. One day soon, I hope, people will begin to understand how the money system really works.
Well three cheers for NictheNZer again, such a refreshing change to see at least one other person in NZ isn’t in thrall to M Friedman and all that monetarist claptrap.
Well good for Nic the NZer - I’m glad that someone here has a rudimentary grasp of economics.
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