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NEW PODCAST: Helen Thompson on Britain's Next Crisis

The Ruffian

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Monetary Policy and Political Dynamics in Britain

This chapter explores the intricate relationship between the Bank of England and the British government, particularly in the context of current inflation challenges and the potential for increased political oversight of monetary policy. It delves into historical parallels, analyzing how past economic crises inform present fiscal policies and the implications of rising bond yields. Additionally, the discussion reflects on a significant political admission regarding economic limitations and anticipates how emerging energy resources like North Sea oil could reshape Britain's economic landscape.

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