https://t.co/tlXsLXZarK
26/06/2017 9:21 PM
RT @rethinkecon: 'Going Beyond Exchange' from @TheMinskys @HeskevanDoornen https://t.co/GVNeY8gyIQ
23/06/2017 8:53 PM
RT @ChrisGiles_: Hard or soft Brexit? The six scenarios for Britain https://t.co/Fk2hj8muah via @FT
23/06/2017 8:52 PM
This is worth a read: https://t.co/gjARfKQ6JB
20/06/2017 9:58 PM
RT @PositiveMoneyUK: ...and it’s almost impossible to reduce our debts without causing a recession - Welcome to the debt trap! https://t.co…
20/06/2017 9:49 PM
@Parker_Banking The pirates are in the accendency - on the pirate scale there is no difference between Trump and Pu… https://t.co/XbxmE9OJao
17/06/2017 1:11 PM
RT @PositiveMoneyUK: Why are House Prices So High? https://t.co/kYNWqTc6kP
16/06/2017 3:57 PM
@Omearanz Tax incentives point away from productive investments - asset price inflation is not productive of itself… https://t.co/zOCXPEj93U
15/06/2017 5:00 PM
@Parker_Banking People without income and assets cannot be consumers - superfluous to economy - superfluous to soci… https://t.co/EHIOqdcNXH
15/06/2017 12:18 PM
@Parker_Banking Full of rah rah platitudes: happened before no worries.Then machines replaced muscle/debt low, now… https://t.co/SMvdIfmpi1
15/06/2017 12:15 PM
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7
SEP 12

Thinking Differently




http://www.interest.co.nz/opinion/61024/labours-finance-spokesman-david-parker-told-oecd-economist-nzs-monetary-policy-totally

Maybe we can ignore the current account deficit, maybe we can ignore the contraction of our export base, maybe we should ignore the lack of investment in the productive economy, maybe we should ignore the emphasis on asset speculation, maybe we should keep on doing what we do in the face of nearly everyone else throwing out the inflation targeting rule book.

Parker is at least thinking about the problem and talking to people who, at the very least, offer a perspective to balance the conviction that we are on the right track, a conclusion difficult to hold if you are an exporter. 

It’s a bit harder to ignore clear and present pain endured now for over a decade by exporters battling an overvalued exchange rate, when the economic framework hangs you dry you tend to ask why.  The losses inflicted on our tradeable sector by a policy frame work that ignore the currency, ignores private debt and the associated asset speculation will take decades to unwind, if it can be unwound.

Parker it seems is willing to think differently, we need that.
 


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