There was a time in the life of our nation when Social Credit was something of a joke political philosophy which garnered a regular small band of support with an occasional surge in voting when people were disaffected with both main political parties. Contrary to the impression that Social Credit is long gone as a political movement, it does still exist. But you have to look hard to find it.
Now it also exists in the minds of our Green and Labour politicians who want NZ to engage in the sophisticated 21st century version of Social Credit sweeping the world called "quantitative easing." By any other name this is pretending there is a fairy money tree at the bottom of the garden and its fruit can be picked at will without consequence.
My simple responsive prayer to this possibility is, "Dear God, please not."
There is an added reason for praying this prayer in NZ: we are so small we are deluding ourselves twice over if we think we can play safely with our currency exchange rates by throwing a couple of billion into the game.