WHAT DO WE NEED TO KNOW ABOUT THE NEW RESERVE BANK GOVERNOR ?
What concerns me more is what Russel Norman means precisely. We need more clarification.
"Wheeler's appointment was an opportunity for the Government to broaden the number of tools the Reserve Bank could use to manage monetary policy rather than relying only on official cash rate changes," Green Party co-leader Russel Norman said.
"The Reserve Bank's one-tool toolkit is plainly inadequate for the economic reality we live in," Norman said.
"One option could be to allow the Reserve Bank to consider the amount banks could lend against the value of a house," Norman said.
New RBNZ Governor 'Notable' Appointment
We also need to know the thoughts, ideas and aspirations of the Reserve Bank Governor designate Graeme Wheeler. He is not making a statement until he commences his new position with the bank.
The World Bank of which he was an employee for thirteen years is part of the big four, working in concert as a part of Global Governance for the socialist New World Order. The other three being: The International Monetary Fund, The United Nations Organisation and the Federal Reserve Bank of America.
FOR FURTHER ENLIGHTENMENT, I WOULD SUGGEST READING: THE CREATURE FROM JEKYLL ISLAND, A SECOND LOOK AT THE FEDERAL RESERVE BY G. EDWARD GRIFFIN, THE FEARFUL MASTER, A SECOND LOOK AT THE UNITED NATIONS BY THE SAME AUTHOR AND KEYNES AT HARVARD: ECONOMIC DECEPTION AS A POLITICAL CREDO, BY ZIGMUND DOBBS.
If you are unacquainted with this subject it will be very scary experience to say the least.www.keynesatharvard.org/
(Can be read on line and The Jekyll Island book is at the same site as well. The J.I.book should be about in its 25th printing by now since first published in 1994). Visit a youtube called: Fiat Empire.org where Griffin and co. discuss this subject in an hour.