The threat of inflation is not so imminent as No 11 would have us believe

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While higher interest rates would add to the cost of financing the debt burden, central banks are unlikely to raise them soon

Photograph: John Sibley/ReutersPhotograph: John Sibley/Reutersthat Rishi Sunak’s recovery plans could be blown off course by a rise in inflation of such strength that it would force central banks to raise interest rates. A modest increase of just 1% in the interest paid on government debt would add between £20bn and £25bn to the cost of financing the UK’s debt and sink any hopes Sunak had of balancing day-to-day income and spending by 2026.

 

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Sorry for the inconvenience and insistence but help and empathy are needed❤️ to raise the funds the girl is 9 years old and suffers from liver cirrhosis. If you can Donate or collaborate by sharing and thus reach the people who can. 🙏

Oh yes it is, and with the rag and Labours spend, spend, spend policy it will be even worse.

This tweet won't age well.

Er it is in house prices where we have more stimulus

The US is printing two trillion dollars a month, the markets are addicted to ballouts, something like 30% of our dollars have been printed since covid, none lo f this wojld be possible with gold backed currency. The move to metals isnt random

If you look at the way fuel, power, hols, and other goods are costing. Its started already.

Boris gaslighting

More good news please(((

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