The government is on average going to pay £27bn a year for five years to keep interest rates high to punish everyone with a mortgage, to deny the NHS and education the funding they need, and to keep bankers’ bonuses high. You literally could not make stupidity on this scale up.
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RT @RichardJMurphy
The government is going to pay our commercial banks £136 billion of excess interest over the next five years on money the government g…
https://twitter.com/RichardJMurphy/status/1593547769440002053
Richard Murphy on Twitter

“The government is going to pay our commercial banks £136 billion of excess interest over the next five years on money the government gifted to them using the QE process. That’s £27bn a year that could be used in the NHS and education. This is outrageous. A thread….”

Twitter

@RichardJMurphy
LOL
Stupidity on this scale indeed
LOL

All from people granted economic degrees
bachelor & master & doctor
&
then they stop learning by reading
about their passionate subject
until they retire
doing acts which cause needless harm