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New Zealand Central Banker Says Quiet Part Out Loud: ‘It’s A Great Business To Be In, Where You Print Money And People Believe It’

[contentcards url=”https://winepressnews.com/2024/02/13/new-zealand-central-banker-says-quiet-part-out-loud-its-a-great-business-to-be-in-where-you-print-money-and-people-believe-it/”]

 

By Jacob M. Thompson

A banker at the New Zealand Reserve Bank (NZRB) joked about what modern central banking is really all about. On February 12th, during a parliamentary committee meeting, NZRB Governor Adrian Orr cracked a joke about the modern central banking system, which was met with laughter.

We actually fund ourselves and then decide what dividends to pay.

It’s a great business to be in, central banking, where you print money and people believe it.

Read Full Article Here…(winepressnews.com)


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