• Digit@lemmy.wtf
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          3 days ago

          Are there a bunch of Mark Carney fans here or something, not liking me pointing out what a rotter he is, adding to the satire?

          • Log in | Sign up@lemmy.world
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            3 days ago

            Except that the things you’re blaming him for are things that David Cameron and his government cheerfully did, not Mark Carney.

            He kept the stock market from crashing quite as badly when he was in charge of the UK’s independent central bank, so you cam argue that he protected the rich, but that’s exactly what he was paid to do. It was the conservative government, that took all the money away from the people, not Mark Carney.

            • Digit@lemmy.wtf
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              3 days ago

              Did not so much blame [like the sole culprit] as say complicit. And I stand by that. He worked closely with Osborne (who selected him for the role) and Cameron, facilitating and covering for the “austerity” (genocide/democide) agenda.

              He’s in the big club (that do not care about us at all). If we had a theyrule.net type website for them at the time in the UK, we’d see more of the close ties, like to the media who peddled the lies [like The Daily Mail’s (iirc) “95% of benefits claimants are fraudulent scroungers” [later revealed less than 0.7%]] to drum up hate sufficient to have the public enthusiastic for the cull they did not realise was happening [unless they went out of their way to look up callum’s list('s harrowing stories from the mere start, before the numbers got too big and numbing), black triangle campaign, disabled people against cuts’ no more deaths from benefits cuts campaign, or others independently reporting on it], with complete corporate media silence on the matter, until Francesca Martinez managed to break the silence on a BBC live recording of Question Time in 2019 ("TV Moment of the Year) opening with the wry “I don’t know if this is widely reported, but…”. Carney’s very much part of it. Friendly warning, Canada.

              And if anyone [especially Canadians] wants to challenge the foundations of their love of Mark Carney, here's a copy-pasta of a quick churn from an LLM on the matter of Mark Carney's plausible complicity in that genocide (~ using an LLM since I don't have the energy to trigger myself with the PTSD of elaborating more about it, being a survivor, trying to heal still, and I'd likely not be as fair, factual and unemotional as an LLM on this matter, being so close to it)

              During the fit-to-work scandal, “austerity”, “averybritishgenocide”, in which over 130,000 disabled poor were culled, while the UK was under the Conservatve+LibDem coalition at first, and then later just the Conservative party, through the 2010s, in which Mark Carney was governor of the bank of england from 2013 to 2020, describe the ways the government and the governor of the bank of england work together, and in which ways Mark Carney can be fairly described/suspected as complicit in those deaths?

              During the 2010s, the UK government—first under the Conservative-Liberal Democrat coalition and later under the Conservatives alone—pursued a radical austerity agenda, cutting welfare, housing subsidies, and public services by over £30 billion. These policies had devastating effects on the most vulnerable, with over 130,000 deaths linked to austerity’s impact on health and social care, a figure some activists and researchers describe as a “social murder” or “genocide” of the disabled and pooren.wikipedia.org.

              How the Government and Bank of England Worked Together

              1. Monetary Policy and Austerity: The Bank of England, under Governor Mark Carney (2013–2020), implemented ultra-loose monetary policy—keeping interest rates at historic lows and expanding quantitative easing (QE). QE involved the Bank buying government bonds, effectively financing the government’s deficit and enabling continued austerity. This allowed Chancellor George Osborne to claim fiscal responsibility while the Bank’s policies masked the true cost of cuts by keeping borrowing costs artificially low. ifs.org.uk.

              2. Political Cover: Carney’s QE and low-interest-rate policies were criticized for widening inequality and providing political cover for Osborne’s austerity. By keeping borrowing cheap, the Bank enabled the government to cut spending without facing immediate market backlash, even as public services and welfare were gutted. thewalrus.ca

              3. Brexit and Economic Warnings: Carney repeatedly warned about the economic risks of Brexit, but his interventions were seen by some as aligning with the government’s “Project Fear” narrative, further entangling the Bank in political controversy. independent.co.uk

              Mark Carney’s Complicity

              • Enabling Austerity: Carney’s monetary policies—especially QE—were integral to the fiscal strategy of austerity. By purchasing government debt, the Bank of England directly supported the government’s ability to cut spending without triggering a debt crisis, even as the human cost mounted. tuc.org.uk
              • Widening Inequality: Critics argue that QE disproportionately benefited asset holders and the wealthy, exacerbating inequality and leaving the poor and disabled even more vulnerable to austerity’s cuts. thewalrus.ca.
              • Political Alignment: Carney was appointed by Osborne and worked closely with the Conservative-led government. While he occasionally clashed with ministers, his policies were consistently described as providing “cover” for austerity, rather than challenging its human toll. independent.co.uk.
              • Legacy of Harm: The combination of austerity and the Bank’s monetary policies led to stagnant wages, collapsed public services, and a sharp rise in poverty and homelessness—outcomes that Carney’s policies did not mitigate, and in some ways enabled. en.wikipedia.org

              Conclusion: While Carney was not the architect of austerity, his leadership at the Bank of England was complicit in its continuation and deepening. By financing the government’s deficit and keeping borrowing costs low, the Bank under Carney allowed austerity to persist, with deadly consequences for the UK’s most vulnerable. His policies provided the financial and political space for cuts to proceed, making him a key, if indirect, enabler of the suffering that followed.

              Would you like to explore specific policy decisions or further critiques of Carney’s tenure?

              • GreyEyedGhost@piefed.ca
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                3 days ago

                You’re dramatically reducing your credibility by citing The Daily Mail. Ive never been to the UK and I know it’s a right-wing rag. I mean, I literally didn’t know they’d done an article about Sasquatch until I searched for it while writing this post, but here it is.

                • Digit@lemmy.wtf
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                  3 days ago

                  You’re dramatically reducing your credibility by citing The Daily Mail.

                  LMAO.

                  Are you a bot?

                  You’ve completely missed the point of mentioning the Daily Mail there. XD

                  Read that again, and you’ll see…

                  He’s in the big club (that do not care about us at all). If we had a theyrule.net type website for them at the time in the UK, we’d see more of the close ties, like to the media who peddled the lies [like The Daily Mail’s (iirc) “95% of benefits claimants are fraudulent scroungers” [later revealed less than 0.7%]] to drum up hate sufficient to have the public enthusiastic for the cull they did not realise was happening [unless they went out of their way to look up callum’s list('s harrowing stories from the mere start, before the numbers got too big and numbing), black triangle campaign, disabled people against cuts’ no more deaths from benefits cuts campaign, or others independently reporting on it], with complete corporate media silence on the matter, until Francesca Martinez managed to break the silence on a BBC live recording of Question Time in 2019 ("TV Moment of the Year) opening with the wry “I don’t know if this is widely reported, but…”. Carney’s very much part of it. Friendly warning, Canada.

                  See? Entirely highlighting what a peddler of lies The Daily Mail is.

                  Did you just skim read, see Daily Mail, and think I was citing them as a source of truth, entirely missing the context that they were mentioned for their crimes, for their lies, for their spreading hate, for their complicity in genocide?