Areas of Expertise
IT, Economic, Retail / Wholesale, Banking
An idea worth spreading
The main role of the Bank of England's is to control inflation. If the UK joined the Euro how would they still achieve that objective without interest rates as a tool? They could be given tax raising powers on personal debt or other areas of the economy instead, this would allow them to influence inflation independently of the government. The wider argument(s) about joining the Euro still hold e.g. the governing bodies of the EU need to be re-shaped but with this idea at least we could get over one of the hurdles and maintain an independent body tackling inflation.
People don't know I'm good at
Astronomy, love the subject.