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Jenee Tibshraeny: NZ Herald Wellington business editor on banks not doing more to cover the cost of money printing

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Manage episode 348433746 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Should our banks be doing more to help cover the cost of money printing?

The RBNZ is holding $49 billion dollars of banks' reserves, thanks to all the money printing of 2020.

The problem is, the RBNZ is now having to pay interest on that at the rapidly rising OCR rate.

NZ Herald Wellington business editor Jenee Tibshraeny weighed in on this issue.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6143 episodes

Artwork
iconShare
 
Manage episode 348433746 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Should our banks be doing more to help cover the cost of money printing?

The RBNZ is holding $49 billion dollars of banks' reserves, thanks to all the money printing of 2020.

The problem is, the RBNZ is now having to pay interest on that at the rapidly rising OCR rate.

NZ Herald Wellington business editor Jenee Tibshraeny weighed in on this issue.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6143 episodes

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