OK Thanks for your clarification. I'm learning about this area of economics. It strikes me as important but quite technical and therefore not well understood or discussed. I understand that the … (View Post)

The problem is that BoE has been given the responsibility to control inflation and, as you say, its only weapon is money supply/interest rates which don't work against international commodity pr… (View Post)

The Bank of England holds about 30% of government debt - over £550b. The government pays interest on this debt (part of the £110b annual interest payments) This money is then returned to the Treasury… (View Post)

And still they gazed, and still the wonder grew, That one small head could carry all he knew (View Post)

The recent proposal in the UK government's Animal Welfare Strategy focuses specifically on banning trail hunting, not drag hunting. I have to confess that I didn't know of the distinction b… (View Post)