Kiwi Dollar 73% overvalued – Big Mac Index

Political Report for Friday, July 6, 2007 – Newstalk ZB
Kiwi dollar most overvalued | NATIONAL | NEWS |

The Economist magazine confirms what everyone except Alan Bollard and Michael Cullen seem to know. our currency is horrendously over-valued.

Bollard and Cullen are clearly bereft of ideas, as their pet solution has failed three times in a row. They still fail to see that their pursuit of low inflation through higher interest rates is the major reason behind the continued over-valuation of our currency.

Powered by ScribeFire.

Do you want:

  • Ad-free access?
  • Access to our very popular daily crossword?
  • Access to daily sudoku?
  • Access to daily code cracker?
  • Access to Incite Politics magazine articles?
  • Access to podcasts?
  • Access to political polls?

Our subscribers’ financial support is the reason why we have been able to offer our latest service; Audio blogs. 

Click Here  to support us and watch the number of services grow.