Following the publication of my post this morning on why Chris Giles of the Financial Times did not understand the QE process there have been
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We don’t need the City of London
In this morning’s short video, I argue that the City of London, the Financial Times and the Establishment all pretend that the government of this country
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I can’t wait for the 5th of July
In this morning’s video, I argue that after 5 July, the hard work begins. Then, we have to work out how truly socially transformative ideas
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The City of London really does need to understand that the government does not need its money
The FT has reported that: A new Labour government could raise extra money for investment from bond markets without causing a Liz Truss-style gilts crisis,
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Inflation is on target and the Bank of England is still wildly out of control
As the Office for National Statistics reported this morning: The Consumer Prices Index (CPI) rose by 2.0% in the 12 months to May 2024, down
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Is Farage right on the central bank reserve accounts?
The Institute for Fiscal Studies, in its commentary on the so-called Reform Party manifesto for this election, says of that party’s plan to save £35
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There is almost no money in banks these days
My latest video has just been published. In it I argue that the old idea that there is money in a bank is almost always
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It is time to end the massive government subsidy that’s being paid to the UK’s commercial banks
It is a strange moment when an idea that you have promoted suddenly moves towards the political centre stage, even if Nigel Farage is the
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The Bank of England should not be paying interest on the money the government gifted to our commercial banks
A proposal I have long made has won a surprising supporter in the form of Chris Giles of the FT. The proposal is to cut
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