Comment from Bernard Hickey
'I have been thinking about receiving every month from the Reserve Bank of New Zealand a $1,000 gift, and that everyone else in New Zealand who is a permanent resident would also receive a gift of $1,000 a month. Because that is probably the best way to do quantitative easing or money printing once you get down to 0% with your official cash rate.'
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Bernard is a leading financial journalist and editor with over 23 years’ experience including roles with Reuters, the Financial Times Group and Fairfax Media in Wellington, Canberra, Sydney, London and Singapore. He is a senior contributing editor for interest.co.nz and Newsroom Pro, writes articles for the Herald, and is a regular commentator on financial and economic issues on radio and television.
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