Money supply and inflation, page-12

  1. 5,168 Posts.
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    Full agree with that. The poms seem to have missed the note that Reaganomics failed the inflation test and have added fuel to the UK inflation fires with tax cuts. The IMF openly criticizes UK government tax plans as do the market with the pound tanking and worse for the poor sods is the Bank of England signaled that it will ramp up interest rates in response to the slump in the value of the pound. Bank of England trying to stop the flood of capital escaping the fires the UK government is fanning.
 
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