So, Better Together are worried that a Yes vote will upset the markets, causing a eurozone style crisis to the pound. Lets look at that a little closer... This means that the Markets are (have been and will be) deciding economic policies for us. Who are the markets? Its not me, its not my GP, or my sons primary school teacher. Im pretty sure its not the woman behind the till in the Co-op, and the bloke in the post office said it wasnt him. Who has enough money to buy and sell stocks, shares and currencies at such volume to affect global positions? I guess that would be rich people and financial institutions. So, economic policy is set by the rich, for the rich. Do they make their decisions based on the moral, social or economic principles of the units they trade, or do they seek to maximise profit? Are they morally superior and above actually manufacturing situations and crises that they can then profit from? The Markets need to be disentangled from economics. Winning or losing on the 3:15 @ Kempton doesnt shut down a factory, so buying and selling the pound shouldnt either. Come on Salmond, werent you a banker? Find a way to free Scotland from the tyranny of speculators.
Posted on: Thu, 04 Sep 2014 09:17:57 +0000
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