jj23

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can a UK breh explain? inflation (cooked figure) 9%

target of BOE 2%

Inflation and the 2% target

why is nothing being done?

inflation is largely one way AND compounding

Things are bad enough as it is worldwide. Compound it with Brexit and we have a living hell.

Whether the people will votes these idiots out or not remains to be seen. But liz truss suggested tax cuts today. Everyone suggesting bullshyt and forgetting the elephant in the room - Brexit.
 

null

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Things are bad enough as it is worldwide. Compound it with Brexit and we have a living hell.

Whether the people will votes these idiots out or not remains to be seen. But liz truss suggested tax cuts today. Everyone suggesting bullshyt and forgetting the elephant in the room - Brexit.

that elephant's grandad is zero interest rate policy (more or less) since 2008/2009 which had led to a bubble of everything and excessive cash vs, the real economy which will eventually cause inflation.

i think they are intentionally trying to inflate away the debt.

and they are trying to do it while keeping the economy growing so as to avoid the japanese fate.

wolff NYU has a very good video on the western economy

 

Heimdall

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At the beginning of this particular scandal I thought maybe some of his backbenchers had grown tired of him and were trying to get rid of him, but it really seems like he's Teflon, and there seems to be no viable (for lack of a better word) alternative leader so he'll probably be around until 2024 :sadcam:

ugh
 

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At this rate, nothing.

-

Man he is done done

boris.png

Boris is gone.

Has to be this time. Right?
vpe2WN.gif

:ufdup:
 
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