Comments by "Safir Ahmed" (@safirahmed) on "Chancellor says watchdogs gave her budget a 'clean bill of health' | Budget 2024" video.

  1. Liz Truss and Kwasi Kwarteng look positively credible in comparison to Keir Starmer and Rachel Reeves. Keir Starmer and Rachel Reeves know their ideology of fiscal stability and their fiscal rules and responsibility is a scam. Government economics is nothing like household economics as the government can borrow without cost the money it needs from the government owned Bank of England as the Bank of England controls the money supply. Households cannot create money acceptable to other financial institutions, government and companies. Austerity and Quantitative Tightening to IMF rules is unnecessary and purely a policy to make the majority of people poorer and extract more wealth for the richest. Quantitative Easing could fully fund all government spending without cuts, without tax rises and increase the size of the economy and increase tax revenue. Reversing Brexit will save the economy £100 billion every year.
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