Comments on: Sterling is warning the government and the MPC http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/ Incisive and topical campaigns and commentary on today's issues and tomorrow's problems Thu, 24 May 2012 10:38:06 +0000 hourly 1 By: Cameron’s Neo-Hooverism « A blog from the back room. http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8758 Cameron’s Neo-Hooverism « A blog from the back room. Tue, 09 Dec 2008 19:55:33 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8758 [...] can hear the echoes of Mellon in the current advice of John Redwood. “Now the world’s markets are saying enough is enough. Living standards in both the public [...] [...] can hear the echoes of Mellon in the current advice of John Redwood. “Now the world’s markets are saying enough is enough. Living standards in both the public [...]

]]> By: Bazman http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8757 Bazman Wed, 03 Dec 2008 11:15:47 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8757 How about the banks Lola? Did they deliver more for less? Should we privatise them? What if you do not have the money to afford private everything? Private healthcare means for instance in the case of eye care, if the hospital makes a mess of your sight and you run out of money the state will pick up the tab as it is in the long term cheaper than letting you go blind. How about the railways privatisation fantasy too. Thanks for the dogma. Work in finance do we? How about the banks Lola? Did they deliver more for less? Should we privatise them? What if you do not have the money to afford private everything? Private healthcare means for instance in the case of eye care, if the hospital makes a mess of your sight and you run out of money the state will pick up the tab as it is in the long term cheaper than letting you go blind. How about the railways privatisation fantasy too. Thanks for the dogma. Work in finance do we?

]]> By: Derek http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8756 Derek Wed, 03 Dec 2008 06:37:28 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8756 Further to previous comment, I found the article from today's Daily Mail on their website, here is the link in case you haven't seen it yet: http://www.dailymail.co.uk/news/article-1091490/Living-standards-brought-DOWN-recession-says-Tory-MP-John-Redwood.html Further to previous comment, I found the article from today’s Daily Mail on their website, here is the link in case you haven’t seen it yet:

http://www.dailymail.co.uk/news/article-1091490/Living-standards-brought-DOWN-recession-says-Tory-MP-John-Redwood.html

]]> By: Joe Jackson http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8755 Joe Jackson Tue, 02 Dec 2008 20:41:17 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8755 Excellent article. We need to hear more of this in the MSM. Interest rates need to rise encouraging people to save; savings increase capital in Banks and Banks can then lend to wealth producing industry. Increased interest rates also deter people from taking un-necessary risks and making poorly judged investments, they would also return the housing market to a more sustainable model. Excellent article. We need to hear more of this in the MSM. Interest rates need to rise encouraging people to save; savings increase capital in Banks and Banks can then lend to wealth producing industry. Increased interest rates also deter people from taking un-necessary risks and making poorly judged investments, they would also return the housing market to a more sustainable model.

]]> By: Lola http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8754 Lola Tue, 02 Dec 2008 14:18:24 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8754 Mr R you said - "The UK public sector needs to deliver more for less..." I agree as this is what private business does day in day out. Why can't government and government bureaucrats get this through their thick heads? Eh? Just why? But the answer is blindingly simple - get government out of any sort of service provision. It just can't do it efficiently and never will. In theory you could even run the Army on mercenaries, but I do draw the line at that. So onec you are in power will you (a) privatise - as in get government out of everything possible and (b) cut spending? Mr R you said – “The UK public sector needs to deliver more for less…” I agree as this is what private business does day in day out. Why can’t government and government bureaucrats get this through their thick heads? Eh? Just why?

But the answer is blindingly simple – get government out of any sort of service provision. It just can’t do it efficiently and never will. In theory you could even run the Army on mercenaries, but I do draw the line at that. So onec you are in power will you (a) privatise – as in get government out of everything possible and (b) cut spending?

]]> By: Worth a look: six pieces we like, on Boris Johnson, Damian Green and a 75% income tax rate | European Daily Information http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8753 Worth a look: six pieces we like, on Boris Johnson, Damian Green and a 75% income tax rate | European Daily Information Tue, 02 Dec 2008 10:02:23 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8753 [...] John Redwood on his blog says that the fall in sterling shows that the UK is living beyond its means and that living standards need to be cut. [...] [...] John Redwood on his blog says that the fall in sterling shows that the UK is living beyond its means and that living standards need to be cut. [...]

]]> By: Tony Makara http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8751 Tony Makara Tue, 02 Dec 2008 09:50:24 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8751 A very fine article Mr Redwood. I feel that most politicans do not pay enough attention to forex. Economic policy must be built on two fundamentals. Price stability and a stable currency. Nothing can be achieved without these two pillars in place. I'm pleased that the opposition is holding the government to account over the health of Sterling. Its an issue that may not immediately register with most voters, but they must be made aware that the Pound in their pockets is losing value with each passing day. Keep Sterling in the news. A very fine article Mr Redwood. I feel that most politicans do not pay enough attention to forex. Economic policy must be built on two fundamentals. Price stability and a stable currency. Nothing can be achieved without these two pillars in place. I’m pleased that the opposition is holding the government to account over the health of Sterling. Its an issue that may not immediately register with most voters, but they must be made aware that the Pound in their pockets is losing value with each passing day.

Keep Sterling in the news.

]]> By: Sterling is warning the government and the MPC | Sharpe's Opinion http://johnredwoodsdiary.com/2008/12/02/sterling-is-warning-the-government-and-the-mpc/#comment-8752 Sterling is warning the government and the MPC | Sharpe's Opinion Tue, 02 Dec 2008 08:57:18 +0000 http://www.johnredwoodsdiary.com/?p=2270#comment-8752 [...] Sterling is warning the government and the MPC [...] [...] Sterling is warning the government and the MPC [...]

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