
A banker at the New Zealand Reserve Bank (NZRB) joked about what modern central banking is really all about. On February 12th, during a parliamentary committee meeting, NZRB Governor Adrian Orr cracked a joke about the modern central banking system, which was met with laughter.
We actually fund ourselves and then decide what dividends to pay.
It’s a great business to be in, central banking, where you print money and people believe it.
JUST IN: 🇳🇿 New Zealand Governor of the Reserve Bank says central banking is “a great business to be in, where you print money and people believe it.”
— Bitcoin Magazine (@BitcoinMagazine) February 13, 2024
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