Larry Williams Drive

Adrian Orr’s been at it again on behalf of the Reserve Bank comparing themselves to flora and fauna.Remember how back in September last year the Assistant Governor Christian Hawkesby said the Bank’s approach to Covid was inspired by a bird, specifically, the white heron?Well this time, they're a tree.Act’s drawn media attention to a speech Adrian Orr has compared the reserve bank to Tāne Mahuta, the tree.He says the Reserve Bank “is akin to the being Tāne Mahuta of New Zealand’s financial landscape.”“Our roots are our legislation…giving us strength and well-being”“The money we print and circulate for New Zealand is the sap that flows through [the Reserve Bank]”And “Our complex payment and settlement system is our trunk. This system allows the money to flow to the branches of the reserve bank”.What makes it even more embarrassing is that Adrian Orr said that in a speech to an international conference in Brussels in front of other central bankers from around the world.Not only is this turning the bank into a la