Mastodawn

As their popularity rises the Green Party of England & Wales will see its policies gain more attention & criticism in the media.

The FT has run a long analysis of various policies this morning, suggesting that while popular, they may be under-estimating the need to find ways to convince bond-market actors their economic policies are 'credible'.

If the GPEW is not already reaching out to calm such actors, they might want to think about quietly (and pragmatcally) doing so.

#Greens #economics

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beemoh Mar 9

@ChrisMayLA6 And this is why I pushed for the P2P Lending approach.

Admittedly it's probably not large enough a market to fully neuter the bond markets as a threat, but you've got to start it somewhere, I guess.

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Emeritus Prof Christopher May Mar 9

@beemoh

Yes, some time ago I proposed a housing bond through the NS&I to fund social housing... which would also have the advantage of by-passing the bond market (albeit only for one budget line)

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beemoh

@ChrisMayLA6 One budget line might be good enough- a less ambitious target to reflect the real size of the P2P market while still being enough to put the spooks up the Bond Market as to what'll happen if they don't behave.