TJ, I would like to see some actual freedom as per Hong Kong resident in New Zealand, and without charging it any immigration or citizenship fee. I would happily pay a royalty for it to take up residency in the Governor General's house and Prime Ministerial suites.
Alas, we remain in thrall to Marxist ideology and tribal totalitarianism as Maoris were accustomed to and are more people are inclined to.
I hold negligible cash, so gold is no use to me as money as a means of exchange. My stores of value are in land I want to live on, house I want to live in and patents and business interests from which I hope to profit.
If NZ$ goes to zero and US$ follows or precedes, that's no great worry for me, though it would also involve a significant economic dislocation if the process is not caused by my Q becoming ascendant. I'm working on the Q, bit by bit, byte by byte. Good things take time.
Given the size of our incredible shrinking NZ$, I have no doubt that we will be discussing platinum and gold and silver and everything else in 3x terms [though perhaps not as soon as 5 years, but possibly sooner, because exciting things often do not arrive when expected].
Our currency has been literally made little. And several coins have been discontinued. The NZ$1 coin is now lined up to become the new 1c. It is even in the right shape, size, and metal.
But for now, we have the 10c as the new 1c, with smaller coins gone. The 10c is brown and penny like. It used to be a shilling in my childhood and a serious piece of currency for which one would do serious work.
One could buy a Broadway pie and doughnut and get a cream bun with the change.
In my childhood, we still had a gold standard, thinly attached thought it was. I was puzzled [as a youngster] by the expression on notes that the Reserve Bank "Promises to pay on demand the sum of ..." Huh? It seemed a circuitous argument to me then, but presumably adults knew something I didn't, but now I know I was right.
Now, there's not even a hint of pretence that the currency is more than a promise by Helen Clark, Michael Cullen and their transvestite buddies in drag, backed by the electorate I see roaming the streets without muzzles or leads, that they'll keep it real.
But we can surely trust Big Ben, King George II, Nancy and co backed by the Greatest People Who Ever Strode the Earth in an SUV. On their currency, they write "In G-d We Trust". They actually write God, but that's rude apparently, so please ignore the o and I think they left off the l by mistake. It used to say, I suppose, "In Gold We Trust". Maybe they are saving ink.
Mqurice
PS: It's annoying how l and I look the same. But not here when editing. When clicking submit, it turns I and l into the same letter [I am referring to i and L but both capital letters]. Maybe I need to adjust my computer settings. |
