Ex-Bank of England economist says he’s ‘available’ to help with Welsh Central Bank
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.
Support our Nation today
For the price of a cup of coffee a month you can help us create an independent, not-for-profit, national news service for the people of Wales, by the people of Wales.