https://www.nzherald.co.nz/business/reserve-bank-governor-adrian-orr-interview-why-your-purchasing-power-has-eroded/D27TRAIKJBH27EWESIMOGWA2TU/ Reserve Bank Governor Adrian Orr interview: Why your purchasing power has eroded
I have no idea what kind of person Adrian Orr is, but I know he’s a complete cunt.
Jeremy
viapek@resources.jezza.online
npub1gpka...fuu2
Not certain about much but I know there’s more to it than that… and orange is my favourite colour.
https://www.nzherald.co.nz/nz/luxury-yacht-skipper-loses-400k-in-scam-faces-accused-money-mule-in-court-says-deception-ruined-his-life/X4T223YTSRDIZOAWFQB7JTU64I/ 'Ruined my life': Luxury yacht skipper loses $400k in scam, faces accused 'mule' in court
Another case of “regulate me (everyone) because I’m an idiot”
There must be new regs/legislation in the pipes that the public needs softening up for.
https://www.nzherald.co.nz/nz/nz-first-candidate-david-wilson-loses-200k-in-scam-bank-confirms-mule-account-legitimate-in-phone-recording/LDU4PNNNBREPPC5PRGED4ACSDI/ NZ First candidate David Wilson loses $200k in scam, bank confirms mule account ‘legitimate’ in phone recording
It is NOT the bank’s fault when you fall for a scam. When you ask for more “protections” what you are really asking for someone to take responsibility for your mistakes when you F-up. What this also means is that whomever that party is that takes responsibility will need to get involved in all your transactions to make sure they do not end up having no to pay for your F-up… Do you really want someone telling you what you can do with your money more than they do already?
There are already plenty of tools available to you as an investor, if you choose to use them. NZ has the FMA and all financial advisors must be registered, so if you’re really keen on giving $200k to someone who cold called you for “an amazing investment opportunity”, get their reg number, verify them with the FMA, contact their listed employer via their publicly available contact information and double check it AND get the prospectus. If they pass all these then if you send them money and they do a runner, you have someone to go to complain to. If you don’t leverage these and decide to do your own “due diligence”, it all sits with you.
“Fascism is the stage reached after communism has proved an illusion”
- Peter Druker as quoted by Hayek
“Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraints and servitude” - Tocqueville 1848, as quoted in Hayek
Good Morning Nostriches!!!!! It’s looking like it’s gonna be a good day :)

