Ok here one is ive always wanted ask Thorburn one day or anyone for that matter i hold a lot of respect for the posters on here.
The reserve bank issues debt to the tune of twenty billion dollars every two years as part of the floating dollar?
What happens to that money being the reserve manages government debt does this money then come onto the governments balance sheet?
The prior term of government claimed around eighty billion of government debt paid down roughly in term was this figure to close to what the reserve bank would have issued. To effect the judgement of many economists.
Or was it just from set of figures and onto another and the twenty billion is used as a debt instrument hidden from the public?
ie real employment was taken off by last government by shuffling across the disabled!
