Currency must be defended from democratic interference
After the 2008 financial crisis, when the critical attention shifted from the economy to the most fundamental feature of all market economies, money, 2022, is turning out to be the year that puts the politics back into the monetary policy, with the impending fight for the next Conservative party leader between Rishi Sunak and Liz Truss, “to reduce the tax now or later”. For over the last 30 years inflation was dormant despite the tremors of the tech crash and the global financial crisis, even the exceptional monetary policy implemented after 2008, failed to provoke any real political controversy. The … Continue reading Currency must be defended from democratic interference
The neptune Herald 