How to Fix the Cost of Living Crisis
Sunday, 01 October 2023
How to Fix the Cost of Living Crisis The cost of living crisis, like every problem, has definite causes. If we identify the causes and remove them, then the problem disappears. The two causes of the cost of living crisis are both government policies: Quantitative easing, and Net Zero
Quantitative Easing (Printing Money)
Quantitative easing is when the government prints more money. Governments love to do this because it allows them to spend money that they don’t have. Governments have three ways to raise funds: tax, - borrowing, - and printing money. Taxes are visible and unpopular, - borrowing is expensive and unpopular, - quantitative easing is invisible to most people.
Quantitative easing means that the government prints money and adds it to the existing supply, watering down the value of every pound. This decreases the purchasing power of every pound in your pocket so that £100 now does not buy as much as £100 used to buy in the past. We experience this as price increases. It’s not that the price is going up, but the value of your money is going down. So people blame the shops rather than the government which is causing it.
Quantitative easing is a stealth tax on the value of your money, and it's harmful because it drives inflation. And inflation is a part of the cost of living crisis.
So, we would stop quantitative easing and replace it with proper fiscal disciplines.
High Energy Costs We need energy for everything. Every product and every service has to be made and moved before it can be used. And energy costs money. The more energy costs, the more expensive everything becomes. The cost of energy is sky-high right now for two reasons: not enough supply -and net zero policy.
Not Enough Energy Supply For decades, the British government has failed us in relation to energy supply. We have insufficient nuclear power stations. The most recent one that became operational was Sizewell B in Suffolk, which began generating electricity in 1995.
Consequently, we have not kept up supply with demand. When demand outstrips supply prices rise, which is inflation 
Net Zero Catastrophe A headlong rush to a net zero policy has meant the government is cutting back on tried and trusted, reliable, clean hydrocarbon energy sources in favour of economically unsustainable “sustainable” energy sources, such as wind turbines, heat pumps, solar panels, and batteries.
It is impossible to power a modern 21st-century economy with these so-called “green, sustainable energy sources.”
They’re not green. They’re not sustainable.
They only exist because of the subsidies given to them from the hydrocarbon energy industry. Without subsidies, the wind turbines wouldn’t exist.
It’s interesting to note that the government's recent offer of franchises to the energy-producing industry were not taken up because the industry itself knows that the economics do not support “sustainable energy” without massive funding from government.
Government Funding Means Taxpayer Funding Whenever the government says it’s going to fund certain projects, it means that you are going to fund the government's projects.
So when the government takes money from you and gives it to the green energy lobby, you become poorer.
You become poor because taxes have gone up to a 70-year high, and you become poorer because the cost of energy has gone up to a all time high.
All of this combines to make you poorer because energy is at the root of all things.
To Sum Up We will fix the cost of living crisis by:
Stopping quantitative easing and replacing it with proper fiscal disciplines.
Creating mass quantities of cheap energy using tried and trusted technologies (hydrocarbons plus nuclear, assisted with a small amount of “sustainables”).
3, Abandoning net zero; it is an economic disaster with no benefit to anyone since the British contribution to CO2 levels is 1% or less of the whole
Thank you
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Chris Farmer. Reform Uk. Gloucester, #ReformUK #Gloucester