11 Billion Loss

Gerald Mullaney

6 March 2025

Could an 11 Billion Loss by the RBANKNZ BE A REASON why ORR

was maybe pressured to move on?

The other reason is the economy is tanking ORR did not move soon enough to rapidly reduce to OCR down to an emergeny rate of at least 2.50% by Nov 2024.

One of the reasons why he has gone slowly was the problem with inflation and also triggering another property boom.

Therefore Adrian was trapped between a rock and a hard place,

1. Do I reduce inflation?

2. Do i avoid another property boom into 2024?

3. Do i clean up the economy.

The choice he made to go slow was the right move, but it was not the right move for those who are in debt up there eye balls.

The economy needs cleaned out and a lot of the work will be completed by Dec 2025.

Thanks everyone I GONE FISHING i think if i was in Adrians position i would make the same move.