Sixty five
Tuesday, March 21st, 2023I was 65 at 6.05 this morning. I know the time because I have a twin, and so the time is on my birth certificate.
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Central bank reaction to the banking crisis is too little, too late already
Monday, March 20th, 2023Danny Blanchflower and I have released this press release this afternoon: Too little, too late, Central bank reaction to the growing global banking crisis is
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The banking crisis shows we need to cancel quantitative tightening, cut interest rates now and restart quantitative easing
Monday, March 20th, 2023The following is an edited extract from the report that Danny Blanchflower and I have submitted to the House of Commons Treasury Committee on quantitative
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In the Guardian
Sunday, March 19th, 2023Danny Blanchflower and I are in the Guardian this afternoon with a Larry Elliott article dedicated to our new report: What we are suggesting is
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The Bank of England needs an urgent change of strategy on interest rates, quantitative easing and quantitative tightening if they are not to crash the economy
Sunday, March 19th, 2023Prof David (Danny) Blanchflower and I made a joint submission to the House of Commons treasury Committee on Friday. They had asked for evidence on
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The UK government's money: where it is spent and how it is reclaimed
Friday, March 17th, 2023These two charts used to be the opening data in budget reports. Now they are consigned to the very end, but they do give a
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QE is back in town - big time - but only for US banks
Friday, March 17th, 2023As the Guardian has reported this morning: Cash-short banks have borrowed about $300bn from the Federal Reserve in the past week, the central bank announced
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Banking is welfare for the wealthy, and there are no limits
Thursday, March 16th, 2023Are Silicon Valley Bank and Credit Suisse the start of a new banking crisis? First there was a run on Silicon Valley Bank in the
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The morning after the budget.
Thursday, March 16th, 2023The morning after is always a time for reflection. Once the heat of the day has passed what is left to muse on? This is
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