Quixoticgeek
Contacting Quixoticgeek
Federation handle:
@quixoticgeek@social.v.st
Quixoticgeek's Information
Quixoticgeek's Bio
Geek, Dyke, Brewer, Rider of Bikes, Maker of Things, Quixotic, Generally Curious, Mostly Harmless, she/her
Quixoticgeek's Posts
Quixoticgeek has 5 posts.
Quixoticgeek
In response to this post@nora Thanks! I'm really pleased with how it came out.
Mentions: @nora@blob.love
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Quixoticgeek
In 2018 I went to Hell. Literally. I cycled from Northern Germany the 1400km to Hell, Norway. It took me 11 days and included DE,DK,SE, & NO. This was my first proper bike packing trip. It proved to myself what I can achieve. When I got back I took the chain off the bike, & made a piece of it into a pendant, which I've worn pretty much every day since. Unfortunately being steel, it rusts, which in summer when I sweat, gives me a weird musty smudge across my chest. Tonight. I found a solution
1/n
@quixoticgeek oh this is neat
by Nora Reed ;
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Quixoticgeek
In response to this post@ChrisMayLA6 why do we want something like the BoE to be independent? This is something I've never quite understood. Especially as they seem to be not only independent, but unaccountable. Unless I've misunderstood things.
@quixoticgeek
the theory behind independence is that monetary policy is too important to be left to Govt. which might respond to popular pressures to act in the interests of voters.... economists often present a picture that the monetary supply is a technical issue beyond politics & so its (quasi) control should also be kept beyond politics....
as *political* economist I disagree, but also note that actually through the setting of targets, 'independence' is actually only partial and contested
by Emeritus Prof Christopher May ;
Mentions: @ChrisMayLA6@zirk.us
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Quixoticgeek
In response to this post@ChrisMayLA6 yeah. I don't agree with Reeves on a lot of things. But we shouldn't be blaming her for something that's actually the BOEs fault. Unfortunately the media in general don't seem to know the difference.
I still don't understand why the BOE MPC gets to be so powerful on this.
@quixoticgeek
Its to do with the narrative of independence; the financial services sector have their guys & gals in control at the BoE, and threaten the Govt. with a lack of confidence if inflation isn't controlled.... and (not just this) Govt. is to weak to call their bluff
by Emeritus Prof Christopher May ;
Mentions: @ChrisMayLA6@zirk.us
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Quixoticgeek
In response to this post@ChrisMayLA6 given the BOE has been pushing a policy of quantitive tightening...
Which is frankly bonkers.
@quixoticgeek
Indeed, I have a piece for North West Bylines out tomorrow noting that the current slowdown/recession which the media seems to be blaming on Reeves' budget actually has been largely (if not exclusively) caused by 18-24 months of BoE interest rate policy.... which commentators seem happy to ignore.
by Emeritus Prof Christopher May ;
Mentions: @ChrisMayLA6@zirk.us
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