 The unprecedented expansion of money supply by the New Zealand Reserve Bank with all its social, economic and political consequences is only possible with certain kinds of money. This makes choosing the kind of money we use an important consideration. I outline 5 kinds of money based on their stability, degree of central control and how open they are to abuse.
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September 2020
CategoriesAuthorI live in Christchurch. I love NZ and it is time to give something back. I have three grown up children. My wife is a GP. I enjoy trail running, tramping and gardening. You can see what I do for a living here. |
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