Your Views

Have your say on the issues of the day

Do the Greens have the right economic plan for NZ?

362 comments
Digital image / P.K. Stowers
Digital image / P.K. Stowers

Prime Minister John Key says the Greens' call for the Reserve Bank to print more money in a bid to devalue the New Zealand dollar is "pretty wacky'' and could create a financial crisis.

Greens' co-leader Russel Norman has suggested the Reserve Bank create currency to take pressure off the NZ dollar.

Dr Norman said quantitative easing, as creating more currency is called, would mean the Government had to borrow less, domestic investors would invest in other markets, and increased supply of credit would reduce interest rates for business and reduce reliance by banks on overseas borrowing. That would lead to lower interest rates and a lower exchange rate.

Mr Key has dismissed Dr Norman's suggestion.

Do the Greens have the right economic plan for NZ? Here is the latest selection of Your Views:

Have your say

We aim to have healthy debate. But we won't publish comments that abuse others. View commenting guidelines.

1200 characters left

Sort by
  • Oldest

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on red akl_n4 at 01 Aug 2014 06:39:04 Processing Time: 563ms