Day: 21 May 2021

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AUDIO Debunking Economics

Do central banks only help the rich?

By phildobbie — 1 year ago

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!

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Phil Dobbie
phildobbiePhil Dobbie@phildobbie·
8h

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.

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phildobbiePhil Dobbie@phildobbie·
18h

Don’t expect a big increase in Australian wages today says NAB’s Rodrigo Catril in today’s podcast. That will come later in the year. Meanwhile the RBNZ continues to push hard on rate rises., with another 50 basis points expected today. https://t.co/Dr86bjVFY8

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