Ann Pettifor

They're taking their profits and their capital gains into tax havens the minute you mention it.

It's called macro prudential rules, basically.

And if I could give you an example of one.

I noticed the other day that Elon Musk threatened he was going to buy something in Europe.

Oh, Ryanair.

That's right.

Exactly.

And what happens?

European Commission says, sorry, you're not allowed to do that.

That's a capital control.

That's saying we're closing the door to you, Elon Musk, when it comes to our airlines.

These are things that the central bank can do, that government can do, you know, that the European Commission or the British government can do to sort of manage.

I'm not against money flowing in and out because we all want to go on holiday to Costa Rica, for God's sake.

But what we need to do is manage those flows.

And I always say, can you imagine the boss of Apple saying, I'm not going to manage flows in and out of my business.

You know, I'm going to leave it blah.

Nobody would do that.

And we do that.

Our governments do that as a matter of policy.

And the deregulation...