Dr Michael John Schimdt: King Charles III, Our Fifth Old

In my previous piece regarding the Reserve Bank (RBNZ) I outlined how the cultural changes overtaking the RBNZ were also overtaking its primary mission and probably did not, ironically, reflect a good return on investment (ROI). The recent release of commemorative coins by the RBNZ, coupled with a consumer complaint, prompted me to remember a lesser-recounted piece of history. This perspective allows us to view both issues in a broader context.