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Alan 'King Canute' Bollard tries to talk down long term interest rates

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Uploaded by on Apr 1, 2009

Bernard Hickey looks at the comments by Reserve Bank Governor Alan Bollard on Wednesday, where he said he was concerned about an unwarranted jump in long term wholesale interest rates. Bernard says Bollard may be wasting his time. Perhaps New Zealand Inc and Bollard should embrace higher long term interest rates as a necessary signal to save more, consume less and invest more.

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  • Great insight ,..Thanks mate !...

  • King Cunate

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