Do central banks only help the rich?
QE and low interest rates. @profstevekeen and I discuss how central banks are helping the rich get richer and widening wealth inequality. In the UK the govt. is helping with that too!
QE and low interest rates. @profstevekeen and I discuss how central banks are helping the rich get richer and widening wealth inequality. In the UK the govt. is helping with that too!
10.1 percent inflation in the UK. Even worse than expected. This can't be fixed by monetary policy. Bad time to have a zombie government.