Steve Hart | NZ Investor

By: New Zealand Investor  06-Dec-2011

When you first hear that banks create money by typing numbers into a computer you can’t quite believe it. When you hear that this free ‘money’ is lent out with interest added, you dismiss it as lies because the banks would be no better than counterfeiters.

Like the rest of us, I have been watching


Contact New Zealand Investor

Email - none provided

Print this page

Other products and services from New Zealand Investor

06-Dec-2011

Vaughan Yarwood | NZ Investor

Its Household Use of Information and Communication Technology survey reveals that 80 per cent of people now use the internet and that only 12 per cent access it using dial-up modems. More than a million New Zealand households connected to the internet using broadband in 2009, according to Statistics New Zealand.


06-Dec-2011

Archive | NZ Investor

While this description applies to Greece, which has been capturing the world’s headlines recently because of its debt crisis, it could equally apply to New Zealand. There is a small country that relies heavily on agricultural produce and tourism, maintains a generous social welfare system and borrows to finance it.


06-Dec-2011

Brent King | NZ Investor

When I first listed Dorchester on the NZX back in the early 1990s the market kept. Another month has gone by and we have seen another finance company fall. The trend has continued for over three years now. What will be the catalyst.


06-Dec-2011

Benn Bathgate | NZ Investor

The REINZ monthly property market report claims that despite the coming tax changes there has been little reduction in residential property prices or sales in May. President Peter McDonald said: “While there has been some decline in turnover. The property sector is still very healthy, according to a range of new figures.