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Ex-Bank of England economist says he’s ‘available’ to help with Welsh Central Bank

27 Sep 2021 2 minute read
Money on a Welsh dragon

A former Bank of England economist has suggested that he’s “available” to help to set up a Welsh Central Bank.

Danny Blanchflower, who was an external member of the Bank of England’s interest rate-setting Monetary Policy Committee, has said that an independent Wales was one of the “benefits of Brexit”.

In response to that Banc Cambria founder Mark Hooper said: “We’ll need our own Welsh Central Bank, Danny!”.

Blanchflower, a tenured professor at US Ivy League university, Dartmouth College, in New Hampshire, who received an MSc in economics from the University of Wales, Cardiff, told Hooper: “I am available.”

He listed the other benefits of Brexit as fewer fizzy drinks, calmer dogs due to no fireworks, a united Ireland, and independent Scotland

Blanchflower has previously said that he believes that “even Wales” could leave the union, and “separate from the little Englanders and their dreams of empire”.

The fierce critic of what he calls “austerity economics”, said: “I think major issue now is whether in order Scotland Northern Ireland and even Wales separate from the little Englanders and their dreams of empire.”

“I suspect support in Wales will be impacted by what happens in Scotland,” he added.

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Mab Meirion
Mab Meirion
2 years ago

Pass the hot milk please…no seriously, a good idea…like banks on the high street !

William Glyn THOMAS
William Glyn THOMAS
2 years ago

Mwy o bunnoedd yn ein pocedi

2 years ago

Efalle ychydig llau o gyflog ar y dechre, ond hefyd llau o drethu gan na fydd angen talu am y sothach digywilydd sy’n flaenoriaeth i’r Deyrnas Gasineb – HS2, Trident, llong foethus newydd i’r Frenhines ac yn y blaen. Drwy ganolbwyntio ar wir anghenion daw cyfle i greu gwell gwlad yn hytrach na cymunedau difreintiedig.

Grayham Jones
2 years ago

Very true it’s time for a new wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿 kick all English party’s out of wales that’s the Tories Labour and all Brexit party’s stop being little Englanders and and be proud to be welsh

j humphrys
j humphrys
2 years ago

Please do come and help, Danny!

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