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Rt Hon Steve Baker FRSA 🗽 Profile picture
@SteveBakerFRSA
Jul 1, 2020 • 7 tweets • 6 min read • Read on X
At a time when the USA has made freedom of religion a priority, I'm proud to stand with @timfarron in @Newsweek to defend Christians

#NATO and UK must act now to stop the persecution of Christians and the demolition of their Church in #Montenegro

newsweek.com/nato-britain-m…
@timfarron and I may be from different parties and traditions of liberalism, but we stand together in our conviction that all have the right to freedom of thought, conscience and religion – and that freedom must be defended, protected everywhere @APPGFoRB
Arrests, beatings of parishioners and priests must stop; #HumanRights and #FreedomofReligion must be upheld @FCOHumanRights
#PropertyRights of one of the oldest Churches in Europe must be respected #RuleofLaw
Allies in @NATO are already applying pressure @USCIRF @IRF_Ambassador

uscirf.gov/news-room/op-e…
@DominicRaab @foreignoffice @pmounstephen @Rehman_Chishti

It’s time for #UK to act to uphold #FreedomofReligion in #Montenegro #CrnaGora

The USA could be pivotal @USAmbUK 🙏

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More from @SteveBakerFRSA

Rt Hon Steve Baker FRSA 🗽 Profile picture
Mar 20
😳Preparing to speak on Bitcoin later for @axiombtc, I found this note I wrote for @bankofengland almost ten years ago.

❓What’s changed? More QE…

🧵Five areas for serious thought

cobdencentre.org/2015/09/one-ba…
1️⃣Risk, risk modelling and incentives

Inadequate risk modelling follows as a consequence of the moral hazard implicit in the system.

VAR-based risk models have repeatedly been shown inadequate yet they legitimize under-provisioning for losses, thus increasing risk and inflating profits.

Leverage ratio regulation suffers from the epistemological problem of the social sciences so it is likely to fail.

The accounting provisions of IFRS in relation to mark-to-market and loan losses further promote risk-taking and instability. [I believe this phenomenon has been improved.]

Basel capital adequacy rules failed in the past and will fail again.

Authors: Kevin Dowd, Gordon Kerr, John Butler.
2️⃣Capital-based macroeconomics and the boom-bust cycle

CPI targeting is dangerously misplaced: consumer prices are the final signal at the end of a long production chain.

Monetary fluctuations have material effects on the real structure of prices and capital. Prices become detached from underlying realities such as resource availability, technology and consumer preferences.

Interest rate manipulation by authority discoordinates the economy in time by sending false signals about preferences for saving, borrowing, consumption and investment.

Authors: Jesús Huerta de Soto, Detlev Schlichter, John Butler, Roger Garrison, Kevin Dowd, Mises, Hayek, Steve Horwitz.
Read 10 tweets
Rt Hon Steve Baker FRSA 🗽 Profile picture
Jan 22
📻Shortly, I will be on @TimesRadio to discuss Net Zero: times.radio

🧵References

📢My proposed strategy:

conservativehome.com/2022/02/23/ste…
🇬🇧On the available data, UK emissions are 0.81% of the global total

ourworldindata.org/co2-and-greenh…Image
Image
📈Between 2022 and 2023, total UK CO2 emissions were less than China’s annual increase: 305 million tonnes vs 550 million tonnes

Note ours decreased

[same source] Image
Image
Image
Read 12 tweets
Rt Hon Steve Baker FRSA 🗽 Profile picture
Nov 22, 2024
🥀 What’s happening is the slow collapse of the post war social democratic system under the weight of state intervention, tax, debt and currency debasement.

💡Get the charts:

🔗 x.com/stevebakerfrsa… x.com/uklabour/statu…
🗽insight.stevebaker.info

x.com/stevebakerfrsa…
✊🗽
Read 5 tweets
Rt Hon Steve Baker FRSA 🗽 Profile picture
Feb 1, 2024
🇬🇧Yesterday was the 4th anniversary of the UK leaving the EU.

🌎Brexit has allowed us to unlock our international trade potential meaning that #Wycombe, #Bucks, #NI, and the rest of the UK have easier access to global trade.
👇Take CPTPP, for example, which I long advocated for the UK to join.

📊When the UK fully enters it later this year, our membership will deliver lower tariffs, easier connections, and better trade.

👏We will be the first European country to join #CPTPP.

🗣️I held a debate in Parliament on CPTPP in 2021.

“CPTPP can provide a better standard of living for people in the UK & across the original member countries. It can deliver free trade plus self-government in this great age of interventionism.”

hansard.parliament.uk/commons/2021-0…
Read 9 tweets
Rt Hon Steve Baker FRSA 🗽 Profile picture
May 17, 2022
👉About 15 years ago, @TobyBaxendale and I founded @CobdenCentre to argue for social progress through honest money, free trade and peace.

👇We see now more clearly than ever the damage done by war, restrictions on trade and easy money.
@TobyBaxendale @CobdenCentre 🗽Importantly, @MaxRangeley, @CobdenCentre and I are producing vital work to show how our monetary system has caused many of the problems we are currently experiencing.
@TobyBaxendale @CobdenCentre @MaxRangeley We are producing:

-📓A book chapter on central banks, global economic institutions, and cryptocurrency.

-📺A documentary on how our current monetary system has led us to economic despair.

-📋An economic paper showing the need for interest rates to be set by the free market.
Read 4 tweets
Rt Hon Steve Baker FRSA 🗽 Profile picture
Apr 27, 2022
🚨🚗 My statement on the threatened closure of High Wycombe's Driving Test Centre 🚗🚨

⬇⬇⬇

stevebaker.info/2022/04/my-sta…
"I was extremely disappointed to be informed last week about the threatened closure, once again, of High Wycombe’s Driving Test Centre."
"Having been through this before, just over a year ago, I remain determined for High Wycombe to maintain driving tests for the thousands of learner drivers in our town."
Read 7 tweets

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