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Economics

Green Economics Laughable, Dangerous

"The Green Party's call for the government to print money, hiding behind the term 'Quantitative Easing', would be laughable were it not so dangerous," declared Luke Howison, Libertarianz Finance Spokesman, today. "Artificially expanding the money supply decreases the value of each dollar we own, diluting savings - the last thing we need after the global financial crisis."

"Furthermore, this kind of deep government distortion of the most basic workings of the economy is what caused the current precarious financial situation in the first place. Quantitative Easing is the policy equivalent of trying to avoid a hangover by cracking open another bottle of whiskey."

"That the Greens would call for such a short-sighted and destructive action demonstrates their total lack of economic nous. In conjunction with their empty election promise that unemployment can be solved by creating 'Green Jobs', the Greens have proven beyond a shadow of a doubt that they have no clue how to handle an economy. Green voters who wish to protect the environment should remember that only a healthy free-market economy can create enough wealth to pay for first-world luxuries like national parks or electric cars."

"The Libertarianz party would dismantle the Reserve Bank and allow a free monetary market, thereby eliminating the boom-bust business cycles caused by government interference in the market. With a stable economy and drastically lower tax rates, New Zealand really could be the South Pacific paradise we portray in tourist brochures."

For more information see www.libertarianz.org.nz
ENDS

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