Mislaid money
Sir,—A billion dollars lost in the arithmetic of the balance of payments was described as negligible by one .of the experts as it represented only 0.4 per cent of the total $2508 involved. Another $1.38 was spirited away from the Bank of New Zealand, without the perpetrators being revealed.. Billions are to be spent on the frigates, but it seems merely academic whether we buy one, two or four of them. Surely the Government could fiddle SIB to provide a Christmas bonus of $lO,OOO each to 100,000 of the most deserving unemployed. Imagine the benefits to retail, manufacturing and gambling businesses. Dole payments would surely start to wither away altogether, interest rates would drop, and only the moneylenders would suffer. — Yours, etc., VARIAN J. WILSON. December 11, 1989.
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Press, 18 December 1989, Page 12
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130Mislaid money Press, 18 December 1989, Page 12
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