Morgan Edwards
@morganedwards.bsky.social did:plc:cjnix4femipda5atmmv2csxg
A PhD candidate researching the mechanics of government expenditure in New Zealand at the University of Otago.
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Zusammenfassung
Morgan Edwards (@morganedwards.bsky.social) ist seit 30 November 2024 auf Bluesky. Das Konto hat 42 Follower, folgt 46 Konten und hat 17 Posts veröffentlicht.
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Yes, convention dictating decisionmaking. The shenanigans in the background have also enabled RBNZ to build a large bufferstock of fx instruments.
Post anzeigenThe point in the article is not the balance - which is meaningless - but the implication that Treasury has been over-issuing bonds, costing us about $300m more than necessary
Post anzeigenIf the Treasury have a $25bn balance in an account at the 100% Govt owned RBNZ, how much is that balance worth to the Crown?
Post anzeigenChlöe was outstanding this morning.
Post anzeigenSame! I worked on tech systems in banking / finance and it became very clear that the world does not work like they teach you in econ. Like soooo far from it - like sun revolves around the earth far.
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