Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

NZ Banking Reform Group Started

Media Statement

Banking Reform group started

A new banking reform group, aiming to restore the government's sovereign right to create and issue the nation's currency, has been formed.

Spokesperson for NZ Banking Reform, Deirdre Kent, said the first meeting was held in Petone last week with 27 attending, and a decision to meet monthly, and grow the membership.

Early activities will be to visit the Reserve Bank asking them to explain the way banks currently create 98% of the country's money supply. "We want the Reserve Bank to shine the burning light of clarity into the banking system so that everyone can understand. We are told taxpayers own the Reserve Bank, so we want them to explain how money is multiplied through the banking system," she said.

Ms Kent said the group, NZ Banking Reform, also has an egroup discussion (NZ_Banking_Reform@egroups.com) going on the web, with forty members participating.

"As well as visiting the Reserve Bank, we plan to assemble data about the growing debt, the rapid growth in money supply and the current laws applying to money creation."

She said those present at the first meeting came from a variety of backgrounds including businesspeople, church people, academics, Greens and Democrats.

"We believe that money is a clever human invention which must be our servant, not our master." She said many were angry that some of our taxes are being used to pay the overseas owned banks for lending money to our government when the money could be issued interest free by Governments, as with notes and coins.

For further comment phone Deirdre Kent 04 802 4640 or 025 203 0821 or Finlay Thompson 380 0994 or 021 117 9149

To contact New Zealand Banking Reform:

Email: NZ_Banking_Reform-owner@egroups.com

To join the discussion group send a blank email to.

EMAIL: NZ_Banking_Reform-subscribe@egroups.com

…or use the following link.

http://www.egroups.com/invite/NZ_Banking_Reform

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

General Assembly: Ardern Rejects Trump Call For War On Drugs

New Zealand will not be signing the United States' document calling for global action on the war on drugs, Prime Minister Jacinda Ardern says.

Ms Ardern is in New York for the United Nations General Assembly this week, along with about 140 other world leaders.

US President Donald Trump is kicking off his week at the UN by holding an event to promote the US document called the Global Call to Action on the World Drug Problem. More>>

 

Hunting v Pest Control: Tahr Control Needed To Protect Alpine Habitats

A cull of introduced Himalayan tahr browsing conservation land in Kā Tiritiri o Te Moana/ the Southern Alps is needed to protect special alpine plants and their habitats, Conservation Minister, Eugenie Sage said. More>>

ALSO:

Protest At Sea: Judge Discharges Greenpeace Activists

The judge today discharged Norman and Howell without conviction, saying the cumulative consequences of a conviction would be out of proportion to what was “low level” offending off the Wairarapa coast in April 2017. More>>

ALSO:

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels