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Lorraine Barnett said… Wow, what you are doing sounds great! Hope you are enjoying Ooooby. I'm finding my way about the place having moved to Marton last December. How are the Fig trees doing?
Cheers Lorraine
Hello Deirdre,
I am a fan of your book Healthy Money Healthy Planet and I wonder if you can direct me to someone who can answer a question for me? Bill English was quoted as saying that there was no alternative but for NZ to borrow money to fund reconstruction in Chch. But Japan is asking its bank to issue bonds due to the exceptional circumstances there. This is WEIRD! NZ at least has its domestic power generation intact whereas Japan doesnt. Why can't NZ issue Quake Bonds redeemable under strict conditions against hydro energy which everyone needs, especially once reconstruction is complete? Generation capability can be managed very precisely. Since the building industry is mostly domestic, labour, materials and all, this seems an ideal opportunity to issue a local currency which could be very closely controlled and strongly backed. I would be very grateful if you could direct me to wherever this discussion is, or should be taking place. Brigit Manning
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