LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

English downs idea of printing money to reinflate economy

Share |

Latest Political News | Thursday April 11 2013 16:32

English downs idea of printing money to reinflate economy

Related

Bill English has scoffed at the idea of printing money to reinflate the economy.

The Finance Minister's told a business audience in Wellington that countries who're doing it will suffer the consequences.

Mr English says the Bank of Japan's massive monetary reinflation has seen their economy flat-lining.

He says it's as though Japan's been trying to get out of the bed in the intensive care ward for the past 20 years while New Zealand's like the triathlete training outside.

Photo: Getty Images

Advertisement
Sevens
Advertisement
  • Volunteers needed to become mentors for ex-prisone ...

  • Wet and windy weekend for lower North Island

  • Football: Fifa sets target to finish World Cup pro ...

  • Motorsport: Hamilton sets fastest time in Singapor ...

  • Potential privacy breaches by real estate agents r ...

  • Oktoberfest underway in Germany

  • Auckland Weather

    11°
    Today
    Thunder Storms
    H:15° L:
    Click for More Weather
    More Weather

    Election 2014

    Will you vote in Election 2014?

    Vote Now

    View Results

    Advertisement