Business commentator Bernard Hickey pre-election interviews with Winston Peters(NZ First), David Parker(Labour), Russel Norman(Greens), Bill English(National), he calls them Double Shot interviews(as in coffee), I would describe these as a quadruple kick in the nuts for the citizens and businesses of honest enterprise in New Zealand. Bernard Hickey is the person that Radio New Zealand host Jim Mora says regularly mentions on the afternoon panel that commercial banks presently have a franchise on the creation of the nations money, as evidenced in this link here; publiccreditorbust.blogspot.co.nz/2013/03/westpac-new-zealand-senior-economist.html Bernard Hickey wrote an article documenting how increased GDP is not leading to prosperity for all of society due to growing foreign dividends and interest payments ever-increasingly exceeding generated profits remaining in the nation. He stated in that article that perhaps whoever is in government in New Zealand should consider a simple solution of; “One solution for getting rid of debts you cant afford to pay is printing money. This a last resort, but it is not unprecedented and its something that the leader of the western world (America) is doing right now. The Reserve Bank could buy these bonds currently being issued by the government and essentially inflate the debt away. That punishes both local savers and foreign creditors (who hold our debt in New Zealand dollars) but it does fix the problem of indebtedness. It would also immediately cause a slump in our currency. This would have been unthinkable a few years ago. But when its good enough for America, maybe it could be good enough for us too.” As evidenced at this link here; interest.co.nz/print/52914 It was sad to again hear all participants of these interviews, despite all having at times admitted on the record to having varying degrees of knowledge of the present impossible funding puzzle New Zealands present money system structures brings upon us, they all again swept under the carpet the most important issue in regards to the cost of living and business of every New Zealander, as though you will be struck down by lightning if you outline in detail who presently is at the top of the nations wholesale credit supply pecking order and what it causes us, let alone that there are alternatives practiced in other parts of the world. The repeated mantra of not challenging the contracting out of New Zealands money system to the British colonial heritage private central banking network given what it has delivered the nation and instead keep putting different coloured lipstick on the same pig and handing it back to the people as being somehow different is disgusting. The history of the warmongering British colonial heritage private central banking network and its impact upon New Zealand can be found at this link here; publiccreditorbust.blogspot.co.nz/2014/09/warmongering-british-colonial-heritage.html Links to the interview are here; Winston Peters (NZ First) - https://youtube/watch?v=_ujvnWJf4rw Russel Norman(Greens) - https://youtube/watch?v=rz4AlTwirwA&list=TLTqklX0XkU8dQ3K2YtG0slEfkEqKw-0Qt Bill English(National) - https://youtube/watch?v=hJwglZp181g&list=UUpVPntWE2zYrafVWJRL7wlw David Parker(Labour) - https://youtube/watch?v=xmwfAc560QQ&list=TLFFtSg4_YSvi8yh5Vg2KavT-R6WGwsnPd
Posted on: Sun, 14 Sep 2014 08:55:12 +0000
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