Price fixing always works so well, doesn’t it?

It’s called a Green New Deal, of course.

Start insulating houses in these places. Create jobs.

Build the infrastructure for the growing home holiday market we are going to have to have whilst we’re at it. That’s improved public transport. And facilities.

And at the same time regulate this debt: better fix the price that can be paid.

And we’re going to do really, really, well when politicians get to pay for things by increasing the base money supply and can only control the resultant inflation by raising taxes.

Those holding bonds with a fixed rate of interest are going to do really, really, well under that set of incentives, aren’t they?

24 thoughts on “Price fixing always works so well, doesn’t it?”

  1. Build the infrastructure for the growing home holiday market

    That’s a new interest for Capt. Potato, isn’t it? Has anyone checked airbnb for rooms to let in Ely which has a lovely cathedral and in a region favoured by cyclists?

  2. “That’s a new interest for Capt. Potato, isn’t it? Has anyone checked airbnb for rooms to let in Ely”

    Well, his gig at the Uni ends in 10 days time so he’ll need the money.

  3. Quite so – what better more reason to promote model railway holidays in Eastern England with The Fat Comptroller!

    Maybe with his “Reminiscences of Dachau” thrown in in lieu of clean towels and sheets?

  4. “Start insulating houses in these places.” People have been speculating on why lifespans seem to have stopped growing. I propose that the answer is the great campaign to stop British houses being well ventilated. Double glazing, draught stopping, …

    So people live in an indoor fug of volatile organics and dust particles. All benefits bring costs after all.

  5. Not to mention we’ve had that “create lots of jobs to insulate every house” bollocks for the last 20 years; it hasn’t worked yet, so is this another deluded socialist “This time it will be different”?

  6. dearieme, I have long thought that there is a correlation between the rise in allergies and asthma, and hermetically sealed homes.

  7. Oh God, he wants State-run British holidays now? People’s Pleasure Palaces, run by a civil service Basil Fawlty?

  8. Why does the spud need or want an Irish passport, if he’s never going to holiday further away than Ely…?

  9. Dennis, He Who Says You Can Stuff Your Carbon

    If memory serves, the home insulation plan instituted in Australia went swimmingly. The British seem capable of fucking up just about anything they touch, but just in case they can’t they can model their program after the Aussie one.

    Kind of surprised Murphy didn’t hold out the Australian program as the sort of grand success he’s shooting for…

  10. I read an article some time ago in the Groaniad where they’d made some council houses carbon neutral at a mere cost of £90000 per house – bargin. The estimates are that their are approx 10 million houses built prior to ww2 for a starters with nearly half of those built pior to 1900. At £90000 a pop thats a shitload of money for less than half the housing stock. It’s going to cost trillions .

    Sorry I’ve been to Ely – it’s a dump.
    Spuds theme tune –

    Holidays in the Sun
    Sex Pistols
    I don’t want to holiday in the sun
    I want to go to the new Belsen
    I want to see some history
    Cause now t got a reasonable economy
    Oh now I got a reason
    And I’m still waiting
    Now I got a reason
    To be waiting
    The Berlin wall
    In Sensurround sound in a two inch wall
    Well I was waiting for the communist call
    I didn’t ask for sunshine
    And I got world war three
    I’m looking over the wall
    And they’re looking at me
    Oh now l got a reason
    And I’m still waiting
    Now I got a reason
    To be waiting
    The Berlin wall
    They’re staring all night
    And they’re staring all day.
    L had no reason to be here at all.
    But now I got a reason if’s no real reason
    And I’m waiting at Berlin wall
    I gotta…

  11. I know Tim, the council had a drive in my area to fit external cladding. Everything was going fine until they came to fit it – “We can’t do bay windows, they cried” I estimate 80 -90% of the houses in my area have bay windows so that was a complete waste of time, effort and money.

  12. Dennis, Thinker of Profundities

    One of the joys is that the UK did try it. Ended up creating just lovely mushroom farms.

    At some point, I suppose, being right about the British 100% of the time will become tiresome.

  13. @dearieme October 21, 2019 at 11:23 am

    Not forgetting damp

    Lots suing for insulation to be removed due to damp damage, tie corrosion etc; funnily like Double Glazing, Solar etc most of the installation companies have liquidated. Taxpayers will end up footing the mis-selling costs which will make PPI look like pocket money

  14. External cladding?
    That has proved so popular especially in higher rise buildings.
    Last I heard some of the management companies were demanding £30k+ per flat to replace the cladding that’s a fire chimney waiting to happen with better cladding that isn’t as likely to cause deaths of residents higher up.

    The insulation of UK homes has been promoted for 20 plus years, I’ve had all I need doing for the moment, just waiting to get a new patio and rear windows doing to replace the old double glazed windows. Cannot see it doing much to create jobs that is not already been done.

  15. We’ve been insulating UK homes for decades, my Dad got his 1930s cavities done in 1985, I did my 1895 roof in 1995, even my granny’s 1638 cottage had a new insulated roof in 1985. I find it hard to believe there’s a sufficient remnent remaining to be the basis of a substantial industry.

  16. @ jgh
    They just change the standards every time they exhaust the work to be done to the existing standards. We had loft insulation installed after we moved into our current house; less than 20 years later we were told it wasn’t good enough, we had to have a thicker layer – which British Gas offered to install for free as part of their government-directed energy-saving initiative but the actual fitter said he couldn’t do it as part of my loft was not accessible “safely” and he wasn’t allowed to only do part of it – so I bought some rolls of fibreglass and did it myself.

  17. The key point here is that the market value of the bonds is irrelevant to Murphy because another of his strokes of regulatory genius will be (and I’m sure he’s espoused this somewhere) to insist that pension schemes and other saving mechanisms have to buy them

  18. Dennis, Mocker of Wogs

    You’re already tiresome.

    Yes, to the likes of you, I’m sure I am.

    If nothing else, it confirms I’m still on the right track.

  19. john77 said:
    “They just change the standards every time they exhaust the work to be done to the existing standards”

    To diminishing returns.

  20. @john77 said:
    “They just change the standards every time they exhaust the work to be done to the existing standards”

    Or when patent runs out: EU Aircon gas in vehicles

    @Martin October 21, 2019 at 8:09 pm

    Front page in Scotsman – Flats valued at £0 as no certification scheme in Scotland as diff building standards forbade the flammable cladding, thus cert scheme not needed.

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