The second step to my local currency creation scheme – and remember that in the first none has actually been created only a suggested cheaper way of local borrowing for council tax raising authorities. But the proposal is to use this borrowing as a way of introducing the concept of council bonds, helping to ‘legitimise’… Read more
Category:
Politics
Locally created currency – part one
I want to look at this with the emphasis on creating currency locally – that is doing what central government does – creating it out of thin air, but in a local authority area. First, I want to concentrate on borrowing because I consider that this will help to give what will be perceived as… Read more
Hiring and firing in Conservative ‘culture’
I think this is from Britannia Unchained – of which of course Raab was one of the authors: It seems that this overarching problem somehow just doesn’t apply to Tory politicians. It is of course, impossibly difficult to imagine why…… Read more
Too busy in the City – versus the advantage of local banks
There is an interesting new interview from Renegade Inc with Professor Richard Werner: Presenter, Ross Ashcroft quotes: “As the Russian Proverb goes: There is nothing more permanent than a temporary solution.” And that is Quantitative Easing (QE), which term of course Richard Werner invented. But now, more important, I’d suggest are his ideas on local… Read more
UK Pensions – firmly at the bottom of the pile
This is a shameful chart from the OECD report ‘Pensions at a Glance’ which shows that the UK has the second lowest pension rate of the countries surveyed – and easily the lowest for any OECD country when viewed as a percentage of the average working wage. The OECD average is 63% and for the… Read more
The inequality of bus travel
A well researched report on that transport of the Common Man – or the man on the Clapham omnibus at least – is here and suggests that all is not well… As only about a third of the poorest 10% of households have access to a car or van, many are, unsurprisingly, highly dependent on… Read more
Johnson Time
This is a lovely bit of detective work and shows Johnson for the serial lier that he is. He seems not to be able to help himself – he is just so cavalier he cannot avoid the opportunity of overtly sympathising with the loss of the people of Plymouth, but just not doing it at… Read more
Government is brutalising society
There was a very interesting post via Novara Media’s TyskySour programme (about 30 minutes in) discussing Thursday’s murders in Plymouth. The writer said: I’d internalised a lot of shame around my disability, mental health issues etc, feeling disgusting and unwanted, and I absolutely had a sense of wounded entitlement as well. Left institutions like Novara… Read more
Green Tech Possibilities…
Seven minutes or so of mostly interesting ideas: Not all perhaps appropriate for the UK – but certainly most are. If only as John Trickett suggests, the political will in the current government were there…… Read more
Business now says that Brexit is inflationary
Asda has rather let the cat out of the bag in requiring its suppliers to accept a 5% increase in transport charges for Asda’s collection from them. The Grocer says that while Tesco gave twelve week’s notice – Asda gave just 30 days notice, of a price hike. But what is especially interesting is that… Read more