If Jeremy Corbyn were to become prime minister he would sack the Bank of England’s governor for any opposition to his proposals to fund major infrastructure projects, according to his economics guru.
Richard Murphy, the architect of “Corbynomics” and the controversial “people’s quantitative easing (QE)” plan, which would result in the bank printing cash to pay for public works, issued his warning yesterday.
“Bank of England governors are responsible to democratically elected politicians. If we have governors who think they are over and above the rule of democratically elected politicians, then I’m afraid to say, yes they should be on the next plane,” he said.
Speaking on BBC Radio 4’s Today programme, he added: “There is no such thing as Bank of England independence, there never has been; it’s a fiasco put together, a facade created to appease people to put forward a presentation of something that doesn’t exist.”
Getting like Cartman, isn’t it? You will respect my authority!
But, you know, whatever, Ritchie’s got a book out on 26 th Sept and all publicity is good publicity, right?