The Bank of England’s failure to respond effectively to the worst inflation in four decades underscores the need to abandon the outdated notion that fiscal and monetary policy can be kept separate. If governments are to be held responsible for investment and employment, they should also control interest rates.
Related Articles

Neo-Liberalism in the EU
Karl Hansen: ‘Independent’ pay review bodies are a scam
‘Independent’ pay review bodies exist to disguise government responsibility for slashing wages. Read the article HERE.

Climate Crisis
Tim Radford: Global warming tips scales against the poor
The richest nations got richer through rising investment in fossil fuels – and the global warming they caused has made the poorest nations measurably poorer. Read here

Economics
German Foreign Policy: Germany prepares another escalation in the power struggle against China
The German Foreign Ministry presents its draft strategy for escalation of the power struggle against China, planing Taiwan’s integration and economic coercion measures – such as boycotts of entire regions. Read Here
Be the first to comment