Reserve Bank Governor accused of pouring cold water on an improving market. "I prefer to call it strategic hydration." 30 October 2009

Reserve Bank Governor accused of pouring cold water on an improving market. "I prefer to call it strategic hydration." 30 October 2009
Date
2009
Reference
DCDL-0012670
Description

The cartoon shows Reserve Bank governor Alan Bollard saying 'I prefer to call it strategic hydration' as he waters a little plant called 'economy' with a watering can. Text above reads 'Reserve Bank Governor accused of pouring cold water on an improving market' and small text below reads '..or as we call it - watering down'. In the second version the small text does not appear. The Reserve Bank chief Alan Bollard has said that significant reductions in interest rates and exchange rates in the 2008/09 financial year meant the Reserve Bank recorded a net profit of $906 million and paid a dividend of $630m to the Government.

There are two versions of this cartoon

Quantity: 2 digital cartoon(s).

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Access restrictions
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Part of
Winter, Mark, 1958- : Digital cartoons published in the Southland Times and other papers
Format
2 digital cartoon(s), Works of art, Digital images, Cartoons (Commentary)
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Reserve Bank Governor accused of pouring cold water on an improving market. "I prefer to call it strategic hydration." 30 October 2009. Winter, Mark, 1958- : Digital cartoons published in the Southland Times and other papers. Ref: DCDL-0012670. Alexander Turnbull Library, Wellington, New Zealand. /records/22845114

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