MarjorieR on Nostr: npub1hpcdf…ghjn3 npub1xrs07…2ec7y npub1g0tuf…3tvm4 the problem we are likely to ...
npub1hpcdfjpxrawnmu6ryh36ce7xu4qd54pu6xca394yhvmyzlery0tqvghjn3 (npub1hpc…hjn3) npub1xrs077k3zj8u0ry85j9nxkhk88hj49lryrpxgxfhcln6sqqfdx2qx2ec7y (npub1xrs…ec7y) npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) the problem we are likely to is that our current Labour Party front bench seems to suffer from many the same misapprehensions of how the economy and inflation work that the Tories and the wider economics establishment do.
One thing we need to do is get the Bank Rate down as that is actually increasing inflation not curbing it but I think they would be reluctant to intervene because it would likely cause the same markets meltdown as Truss' unfunded tax cuts.
One thing we need to do is get the Bank Rate down as that is actually increasing inflation not curbing it but I think they would be reluctant to intervene because it would likely cause the same markets meltdown as Truss' unfunded tax cuts.