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The Edition: how the Bank broke Britain, Zelensky’s choice & the joys of mudlarking

Best of the Spectator

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Politicians, Central Banks, and Economic Decisions

This chapter examines the interplay between politicians and economic policy, focusing on the influence of the Bank of England's actions on political decision-making. It discusses the implications of low interest rates and unfunded spending commitments made post-2008 crisis, alongside the urgent need for accountability and transparency in financial decisions. The conversation highlights recent inflation trends, the challenges faced by the Bank, and the repercussions of political policies on the UK's financial stability.

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