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competitive devaluation

Bollard: Major central bank QE could be 'monetary protectionism', but too early to tell; Says NZ property tax distortions still exist; 'They both pushed up the NZ$'
28th Sep 12, 8:11am
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Bollard: Major central bank QE could be 'monetary protectionism', but too early to tell; Says NZ property tax distortions still exist; 'They both pushed up the NZ$'