Gregor Weston raises an unaddressed question

In 1987 New Zealand as part of Labour's Neoliberal "reforms" deregulated the banking and finance industries and handed over things like the mortgage market to private banks . As money is created out of debt Gregor Weston raised the very pertinent question at The People's Budget Event of why we are not returning to the situation where our government controls our money supply and not largely foreign owned banks


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