In which I channel Tim Worstall
January 20, 2011
What do the New Economics Foundation and noted libertarian MP Douglas Carswell have in common?
“…we simply require that banks keep safe the money which customers wish to keep safe, and invest only the money that customers wish to invest.”
Someone should perhaps tell NEF that they already do that; that’s why safety deposit boxes exist. Of course, you have to pay to use them, but why should someone look after your money for free?