Business UK
Bank of England ‘should not be independent’ – US economist blasts Britain ‘pegging pound’ to Germans
US economist Dr Arthur Laffer says there should be no independence in central banks as ‘they are not elected by the people!’
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Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
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Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
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‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
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France holds annual Bastille Day parade with different military regiments with foreign troops included. President Emmanuel Macron has invited leaders from The Coalition of The Willing to watch parade.
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‘You have the five permanent members on the security council that can veto, so anything that is done, Russia will veto it.’
Foreign affairs analyst James Marlow discusses the UN’s powers and limitations.
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@erongi233
December 28, 2023 at 11:55 am
If the reason to make central banks independent of govt was to avoid govt control of the money supply near elections why does that not apply to fiscal policy to?
@anonymousone6075
December 28, 2023 at 11:55 am
Ofcourse it shouldn't then america can control it like the rest of our puppet government
@donaldlawrance2982
December 28, 2023 at 11:55 am
Aren’t all banks controlled by the Rothschild central banking system minus “enemy” states?!
@stonehengeminstrel
December 28, 2023 at 11:55 am
Dont be fooled by economists and their paymasters, the banks and Gov, tax is nothing but extortion facilitated by unjust laws and national debt and interest on that debt is yet another tier and mechanism of legal theft, inflicted upon the tax paying population.
@REX4340
December 28, 2023 at 11:55 am
Central banks being responsible for inflation targets makes zero sense.
@michaelogrady1002
December 28, 2023 at 11:55 am
This guy needs to check his facts.When Ireland joined the Euro in 2002 the inflation rate was 4.61%,in 2003 it was 3.49% ,in 2004 it was 2.4%.,in 2005 it was 2.43 and in 2006 it was 3.93%.The Irish Government reduced corporation tax in 1998 from 40% 5o 12.5% before Ireland joined the Euro.Personal income tax rates are on lower incomes 20% and higher incomes 40%.with regard to the US in the first term of the Reagan Administration the inflation rates were in 1981 was 10.32% ,in 1982 was 6.16% ,in 1983 was 3.21% and in 1984 was 4.32%.
@happyapple4269
December 28, 2023 at 11:55 am
No shit. He has just figured this out now? Ffs.
@lorenzbroll4008
December 28, 2023 at 11:55 am
Yep – let 'em be controlled by the politicians so they can print as much money as they want. This guy is a loonie.
@davidbrandie6410
December 28, 2023 at 11:55 am
US economists should not be interfering with a sovereign state .
@cheds1
December 28, 2023 at 11:55 am
Mogg will know who he works for. The central banks.
@arnolddalby5552
December 28, 2023 at 11:55 am
Bank of England should be in the Gold mining business and produce gold to inflate the money supply. Look, we need a fractional reserve credit system which means when you put £100 in the bank you get the £900 credited to your account as the fractional reserve not the bankers.
@redacted629
December 28, 2023 at 11:55 am
The failed experiment of central banks and the financial sector would be laughable if not for the divisions, poverty, enslavement and outright corruption.
@user-du8kd3sn8n
December 28, 2023 at 11:55 am
Better to be independent if the righties have power. Some checks on their nonsense ideology.
@jonsnow6741
December 28, 2023 at 11:55 am
America wants us shut up and at the back of the class in the EU .
@robertjones8644
December 28, 2023 at 11:55 am
Banks have far too much control ,but when need bailing ask the public to pay for their mistakes and uncontrolled bonuses
@janpetersen7440
December 28, 2023 at 11:55 am
Where I live, the national bank is also free and independent. The interaction between it and the politicians (the government) seems fine. Both parties take each other seriously.
@user-gd1yg6le1h
December 28, 2023 at 11:55 am
The Bank of England was not good in day it was not independent, it down to bad governance which mugg is part of
@SeanBooth-db7zt
December 28, 2023 at 11:55 am
Going to Heaven is easy!
First, you must realize that the punishment for committing even one sin, unless you are forgiven, is eternity in hell. To be saved from hell and forgiven of all sin, believe that the Son of God, Jesus Christ, died on the cross for your sins, was buried, and rose again (1 Cor 15:1-4). When you believe that Christ’s atoning work paid for all your sins and when you make Jesus your only hope of going to Heaven, you are forgiven of all sin by God and forever saved from hell. Warning: None of our good deeds can get us into Heaven. If we trust in our own works to get us to Heaven instead of Christ’s atonement, we will not be allowed in. The Bible says “Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost” (Titus 3:5). In conclusion, just believe that all your sins are paid for by Jesus’ atoning work and make Christ your only hope of going to Heaven.
Jesus says “Verily, verily, I say unto you, He that believeth on me hath everlasting life.” John 6:47