Richard Murphy on Nostr: Much of the remaining inflationary pressure in our economy has been created by the ...

Much of the remaining inflationary pressure in our economy has been created by the Bank of England https://www.taxresearch.org.uk/Blog/2024/07/17/much-of-the-remaining-inflationary-pressure-in-our-economy-has-been-created-by-the-bank-of-england/ Inflation is back to normal except for the unavoidable fact that the Bank of England is still forcing up housing costs, and is using that fact to justify continued high interest rates that can only make matters worse. You literally could not make this up.