And there should also be bonds so people can indicate how they want their savings to be used. Health, the green new deal, housing and education bonds are obvious starting points.
— Richard Murphy (@RichardJMurphy) February 28, 2021
If people should be – or even want to – invest in specific schemes, specific buildings and projects they can go look at, touch, then why wouldn’t equity be a better funding mechanism? Actual, you know, ownership?
Rather than 1% bonds at a time when inflation is highly likely to rise?