(ed:..fallow is a business-columnist in the new zealand herald..)
fallow is supporting the govt official-line by attacking the ideas of monetary reform to improve the new zealand economy..being proposed by the greens and others..
disputed-fact:..fallow did an op-ed this morning..where he cited the fallacy that is a pillar of the arguments against reform..
..the claim that such moves are those of ‘last resort’..
..only being done by those ‘few countries’ in the most straightened of circumstances..
..this claim is demolished/fact-checked into oblivion by the counter-fact that switzerland..a country that has run surpluses in the last three years..
..and a country that would hardly fall into the ‘few’/desperate’ category cited by fallow as supporting his arguments/dismissals..eh..?
..switzerland is engaging in quantitive-easing….
..for the stated reason of ‘cushioning’ their own economy from the effects of others q.eing all around them..
..(and this surely is just what the greens/others are also suggesting..?..)
..so..as can be seen..that argument presented by fallow/the govt. that q.eing is only the move of the ‘desperate-few’..
..is a total chimera/fallacy..
..and has been well and truly fact-checked..)
go to source/story>>>