Kiwi Dollar 73% overvalued – Big Mac Index

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

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.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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