I think this whole issue is about whether or not Mr Robertson is the new reincarnation of Mr Muldoon. I say that because when I took over the job as shadow Treasurer late last year, I called on Mr Robertson to act in terms of section 68B of the Reserve Bank of New Zealand Act, and he called me the reincarnation of Mr Muldoon but subsequently followed my advice. This is another example of the Minister of Finance acting as someone who does not understand the current situation, and I've got to say I found the speech from Mr Robertson rather troubling, because I don't think he has a proper appreciation of the dynamic in which his letter has landed.