The coming storm
It’s getting to the stage where being Reserve Bank Governor is a gig thankless enough to rival coaching the All Blacks. Everyone else in New Zealand knows better than you how to do your job.
Life for Adrian Orr is a gushing fountain of furious hindsight. If only he had raised interest rates a year ago – or preferably before he was born – we wouldn’t be in this pickle. If only he had loosened, tightened or barehandedly strangled the money supply, we’d be in clover. If he hadn’t forced the banks to give money away, and/or made it impossible to borrow a bean, we
