Ann Pettifor

But right now, the monetary system and the Bank of England work primarily for private capital markets, for the casino, and they don't work for us, right?

They work for creditors and not for debtors.

They make sure that creditors get very high real rates of interest.

And we debtors, and there's far more of us than there are of the creditors, we've got to pay those very high usurious rates, as I call them.

But we need a reorientation of these central banks to take into account the interests of the economy and

And in particular, of the people of Britain.

And that kind of shouldn't be hard to do.

And the thing that bugs me is that the politicians sit there saying there is no money and, you know, it's terribly sad.

And they pretend to be powerless.

Right.

They own the Bank of England, for God's sake.

We nationalized the Bank of England in 1945.

It's your bank.

You tell your bank to do what you want doing.

Now, there are limits.

And of course, you can't be irresponsible.

But the fact of the matter is, it's your bank.

It's not somebody else's bank.

It's not Elon Musk's bank.

It's your bank.