Mini budget. Major problems.
Many Happy Returns
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The Bank of England Base Rates Are Going to Be the Baddy in the Saga
There's a kind of disconnect now between military policy, which is what the bank of england does, and then what the government can do by a fiscal policy. And i think at the moment, they're pulling very strongly in opposite directions. What the government's done is very inflationy. So as a result, the bank of England is going to have to raise interest rates hugely. I mean, it's not a pretty picture, is it? But how bad can it get? You know, even i don't once use andrew bailey as a whipping boy. Cause he's in such a tough place, al right?
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