New Zealand Banking Reform
PO Box 19-121, Courtenay Place, Wellington
Invitation: Public Debate on the question: 'That the private banks should create almost all of New Zealand's money
supply' (with the Reserve Bank taking the affirmative).
We would like to invite you to a public meeting and debate on Monday August 27th, 7.30 pm at the Memorial Theatre,
Students Union, Victoria University, where British author Michael Rowbotham will debate with Michael Reddell, Chief
Manager, Financial Markets Department, Reserve Bank of New Zealand.
Michael Rowbotham is author of two outstanding books The Grip of Death, a Study of Modern Money, Debt Slavery and
Destructive Economics 1998 and Goodbye America Globalisation, Debt and the Dollar Empire 2000. Goodbye America has been
described by The Ecologist as 'essential reading for social and environmental reformers... Rowbotham's work places him
on a par with social reforming economists EF Schumacher and Henry George'.The Grip of Death is strongly recommended by
David Korten, author of When Corporations Rule the World, Ed Mayo of the New Economics Foundation, Herman Daly coauthor
of For the Common Good , Professor Bryan Gould, Vice-Chancellor of University of Waikato and Richard Douthwaite, author
of The Growth Illusion and Short Circuit.
His books have been reviewed in The Ecologist, Resurgence, New Internationalist, The Tribune, The Tablet, Sustainable
Economics, Permaculture Magazine, Food Magazine, Social Credit and many others.
He was speaker at the March 2001 UK Green Party Conference, and has been secretary of the UK Christian Council for
Michael Reddell graduated from Victoria University of Wellington in 1983 with a BCA (Hons) degree in economics. He
joined the Reserve Bank of New Zealand in late 1983 as an economist and has held various management positions ever
since. Between 1985 and 1987 he worked as an economics adviser in Papua New Guinea, on secondment from the Reserve Bank.
From 1993 to 1995 he held an IMF-sponsored position as senior adviser on economics and the development of financial
markets to the Bank of Zambia.
He has had wide-ranging involvement with many of the Reserve Bank's key monetary policy and financial markets issues.
Rowbotham's visit to New Zealand has been sponsored by NZ Democrats and the chairperson for the meeting is Grant Gillon
A range of organizations has been invited,including political parties, student and senior associations, business groups,
environmental groups, church and social service groups, and we would be delighted if you would take the opportunity to
join us at this important debate.
RSVP to firstname.lastname@example.org or by phoning 04 972 8852.
Deirdre Kent Chairperson NZBR
Dr Finlay Thompson Spokesperson NZBR
Auckland all day seminar Sunday AUT Lecture Theatre WH125, Auckland campus with Jane Kelsey, Dave Tolich and Phillida
Bunkle. Organisers email@example.com, phone Peter Kane 025 952 150 or firstname.lastname@example.org
Hamilton Thursday 23 August Evening meeting to be announced.
Christchurch evening meeting Wednesday 29th venue to be announced