Blogs / Personal blogs

Richard Murphy

taxresearch.org.uk

The Bank of England has raised interest rates to 4%, supposedly to tackle inflation. There is just one problem with this decision. The Bank knows that much of the inflation we are suffering is being driven by rising oil and energy prices, largely resulting from conflict in the Middle East. It also...

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Why inflation is not a threat

I have just posted this thread on inflation on Twitter. It will feature in 'Money for nothing and my Tweets for free' in due course: Current debate about inflation isn’t really about whether it’s likely: it isn’t. Instead it’s about whose vision of the future is going to win. Is it...