Time for at least token OCR cuts


The horrific earthquakes in Christchurch today will hopefully tip the scales in making the RBNZ realise that at least token OCR cuts are required to rescue the economy from the current near-recession if not actual recession. This Raving looks at the fundamental economic justification for OCR cuts.

Click here to read Rodney’s Ravings

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s