Make it 1000%!
OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of 125% on the US, up from the 84% announced earlier.
However, Orr recently delivered a speech to fellow central bankers around the world explaining why the bank has "embraces a Māori world view".
He told fellow world bankers that the NZ Reserve Bank actively looked to, "harness the knowledge of both post-colonial society and te ao Māori to establish and maintain a long-term vision in all that it did".
Orr then said the bank has adopted the legend of Tane Mahuta, the god of the forests and birds, "as a framework to describe the purpose and interconnectedness of the bank's work".
It is hard not to disagree with Act leader David Seymour who said such a speech, amid a cost-of-living crisis, was "verging on self-parody".
