The Two Matts cover image

Six ways to avert economic catastrophe (before it's too late)

The Two Matts

00:00

The Bank of England's Approach to Managing Inflation

The bank of england has never been politically independent. Its remit is set politically welland for years, when it undershot the inflation target, amd the tory politicians just sat back and said, oh, well, n not much we can do about that. And i think a single target of two adinflation at a time when you got double digit inflation is making the bank high interest rate in a destructive manner. It's something because theyre being idologicalr an eletist, that theyae, they have begun to do. They have become the biggest poke people for for wage restraint, when they know full well wages are not driving inflation. The working class must pay

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app