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215 - Are interest rates the solution to inflation?

The David McWilliams Podcast

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I've Just Been Told My Energy Bills Are Going Up

Bundes bank has repeatedly made that mistake. Every time there's an oral price shock, the've been going, al y god, its 19 seventies again. And i think that sage, and, you know, hat the bank of england in particular, has been giving over the last few weeks o basely threatening people not to try to get wage increases. That basic view has just bein consistently wrong. I think this has been a real, real problem. Well, it's very hard, but i think if you wanted to be kind the bank of England, you would say that they have suffered from bragshed. The u.K. In particular has suffered

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