Central bankers on their ability of banks to create money out of thin air
Saturday, January 6th, 2024This incredibly valuable collection of quotes from central banks and bankers on their ability to create money out of thin air was assembled by regular
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Labour has almost nothing to do with socialism, and its religion is mediocrity
Saturday, January 6th, 2024Regular reader Ian Lovegrove read the article I wrote on 3 January about Labour’s apparent plans to deliver tax cuts, in which I attacked DSyarmer’s
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Shouldn't bankers know how banking works?
Friday, January 5th, 2024I have already noted one absurd comment by Sir Howard Davies, the Cahri of NatWest Bank on Radio 4 this morning. But, it was not
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Sir Howard Davies: a man deeply out of touch with reality
Friday, January 5th, 2024I posted this on Twitter about an hour ago: I admit I was not alone in noticing this, or posting it on X (as it
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Labour needs to get real experts who know WTAF they’re doing or risk a one term meltdown
Friday, January 5th, 2024Den Howlett is an old friend of mine. Readers of this blog have a lot to thank him for. He was the accountant and tech
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Some thoughts on accounting for the national debt
Friday, January 5th, 2024During a recent discussion on this blog on how to account for the UK’s so-called national debt, regular commentator and bind expert Clive Parry suggested
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Voting for a leader without a cause has never been a good political idea
Friday, January 5th, 2024Tweets referring to my column in The National in Scotland yesterday seemed to cost me about one hundred Twitter followers last night as Labour supporters
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The Bank of England has been fuelling inflation by boosting the incomes of older, wealthier, Tory supporters
Friday, January 5th, 2024The FT has noted research by the Resolution Foundation this morning, reporting that: The overall boost to UK savers’ incomes from higher interest rates outstripped
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Labour could fund its £28 billion spending plans by simply stopping quantitative tightening. So why isn't it saying that?
Thursday, January 4th, 2024The FT reports this morning that: British politicians should be wary of provoking a backlash in financial markets by increasing borrowing too quickly, the outgoing
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