Wednesday, 27 June 2018

Monetary Gain?

Well, of course two of the Bank of England's economic advisers spent almost £400,000 on travel expenses in two and a half years, including more than £11,000 on one flight.

Announced only five days after the 1997 General Election, the hiving off of monetary policy from the democratic political process had not been in anyone's manifesto. It must be reversed.

Indeed, it must be more than reversed. Future changes to interest rates, and future senior appointments to or within the Bank of England, must be made subject to the approval of the House of Commons.

My crowdfunding page has been taken down without my knowledge or consent. But you can still email instead, and that address accepts PayPal.

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