A Currency for an Independent Wales – Part 3

The system which is in use across the world today, called ‘fiat currency’, is a sort of hybrid between the Gold Standard and ‘free money’. Despite how much we depend on it in our everyday lives, what it is and where it comes from is not often thought about, and is poorly understood – even, or perhaps especially so, amongst our political class. In this article, I shall do my best to explain it and lead into the next and final part of this short series, namely a proposal for how an independent Wales’s currency should work. Read More

A Currency for an Independent Wales – Part 1

In this post, I shall go through some background, explaining how money went from being based on gold and silver coins which had value in their own right, to being tokens issued by governments representing a share in the nation’s wealth. We’ll see how this led to governments being at the mercy of international banking cartels, dominated by a few fabulously wealthy families (one of which was Welsh). Read More

Lost opportunities – let’s not keep making the same mistake

The Welsh economy can only really prosper with independence. This is the great dilemma of Welsh politics: it’s hard for us to prosper without independence, and yet independence is hard to achieve without a measure of prosperity beyond where we are today. Hence it’s in the Unionists’ interest to keep us poor for as long as they can.  The only way to break this vicious circle is to throw out the Labour Party and elect a Welsh government which is serious about independence, serious about economic growth, and has the nous, experience and determination to do what’s needed. Read More

Something to get our teeth into

Plenty of people complain about the difficulty of finding NHS dental treatment in Wales, but there have been few detailed studies to gauge just how bad the problem is and why it is, in fact, so bad. Therefore it was interesting to see an in-depth article – covering 12 pages in all – in this month’s British Dental Journal, specifically looking at the situation in Wales and how it varies under the seven different regional health boards. Read More

Cofiwch Mynydd y Gwair!

There's a lot to remember in Wales - along with Tryweryn

Mynydd y Gwair is a large  open access Upland Common in north Swansea which lies within the Lordship of Gower. The Lord of Gower is the Duke of Beaufort of Badminton, Gloucestershire, an extremely wealthy non-Royal Duke. Gower was a Marcher Lordship and has been held by the Normans since well before the 1282 final conquest of Wales. Read More