Modest proposal
Mark W has an excellent idea for getting the bank bail-outs off the government’s books:
Gummint invests £50 billion in new bank shares.
AIH, gummint spending is about £50 billion per month.
Solution: for the next one month, all public sector salaries, welfare and pensions payments etc will be paid in bank shares!
Truly, a plan with no drawbacks…
Categories: Idle musings
Ta for link.
Perhaps he could do the same with a Citizen’s Basic Income, paid in RBS stock. And ponies.