JuneSim63 💚 on Nostr: "The purpose of economic policy is not to satisfy bond traders. It is to ensure that ...

"The purpose of economic policy is not to satisfy bond traders. It is to ensure that people can live securely, that public services can function, that the economy can prosper and that society can thrive.

If financial markets threaten those objectives, it is the financial markets that need to be managed. It is not the needs of the people that should be sacrificed"

I hold no hope that the BoE and this current government will do this, however. Healey is neoliberal to his core.