Tumunu - Bulletin Board of the Cook Islands

Last update: June 15 2018
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Black pearl

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Brewmaster: Please note that we will not publish messages which are not punctuated or those written in 'stream-of-consciousness' style with phrases separated only by a series of full stops. They take too much time to sub-edit and render into English. Also, note the guidelines above concerning Maori and capital letters.

June 15 2018 So the Playboy of the Pacific is still Prime Minister even though his party lost its majority, thank Heavens! We are still waiting for final results which hopefully will mean that Henry goes back to Mangaia with his Parliamentary pension but no more overseas junkets, hooray!

January 30 2018
Very interesting note from Manaaki. But I don't think it will ever happen. The current Government has testicles the size of a mouse and they would never be brave enough to go for something like this. Kuki Boy.

January 30 2018
It is a little known fact that every economy in the world is held hostage to the banks, simply as every single government seems to lack the understanding that a modern economy consists of two components - the money supply and the velocity of money through trade. Of these, governments only attempt to control the velocity of money (and very poorly at that). Should any government wish to really control their economy all that is needed is to take back control of the money supply to provide all that is needed to run a vibrant and prosperous economy. That said, in the Cook Islands, that would require the Cook Islands Government to mint their own money and/or adopt an e-currency. The Government then would provide the only point of exchange. By controlling the money supply - especially prohibiting banks from providing credit (does not include overseas credit cards), the Cook Islands Government wiould be in a position to print as much money as needed to provide all necessary services and create employment, sufficient to provide all Islanders work and a meaningful, sustainable livelihood. This, of course, is not a bottomless pool of money  as it must be managed such that the supply of money does not exceed the available labour or value of goods and services in circulation. There is one other corollary, that the Cook Islands dollar be tradeable internationally, otherwise there will be no ability to trade for necessary goods and services. That said, it is important to note that over time, as more and more islanders remain in the Cook Islands, education and subsequent technology proficiency will grow, reducing the need for importing technology. I wonder if the Cook Islands are willing to really try innovative economics and lead the world - especially those dependent nations trapped inside the international monetary system - hostage to the outside world. Manaaki.


 
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Revised: June 15 2018
URL: http://www.ck/tumunu.htm