Dear Correspondence & Enquiry Unit
I found your letter to Mr X so interesting that I published it on http://publicdebts.org.uk
As a mathematician and system analyst who used to diagnose high energy physics software at CERN, I trust my logic and analysis. Hence I would like to ask:
1. How much of the capital of the National Debt is paid annually?
a. Where are the statistics?
b. Who determines the amount or percentage?
2. What is the time span that is considered for ‘spreading across generations’?
3. I do find the logic interesting that the National Debt is used for a ‘more stable the tax system’.
a. Why do taxes get changed anyhow?
b. What do you consider “economically efficient or inefficient”?
4. What do you or the IOBR consider a “sustainable position”?
a. Where is the clear and measurable fiscal mandate?
b. Is there an equally clear and measurable mandate for the National Debt?
5. What prevents HM Treasury to increase M0 to stabilise the tax system?
6. Why is it relevant what the IMF thinks about HM policy?
7. Why do you think that the IMF comment about “market reaction has been positive” is proof of the Government’s strategy to be “working”?
Looking forward to your response,
Sabine K McNeill
3D Metrics, Director
Forum for Stable Currencies, Organiser and Promoter
21a Goldhurst Terrace – London NW6 3HB
T: 020 7328 3701 – M: 07968 039 141