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"ESAS 'allows approved non-bank entities to settle payments directly in risk-free central bank money without using a commercial bank as an intermediary,' the RBNZ's Steve Gordon says."

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Bernard Hickey talks on TV1's

Bernard Hickey talks on TV1's Breakfast about the awful budget situation

15th Oct 09, 6:46pm

by Bernard Hickey

Bernard Hickey talks on TV1's Breakfast about the awful budget situation

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