Geoffrey (View Post)

"driver for inflation" No, it is part of the inflationary process, called the "wage-price spiral". You need something outside that process that triggers and/or sustains it for it … (View Post)

Yes. The BoE's role now is to decide whether to accommodate the inflation or to stop it in its tracks.The latter is more costly in the short term, though the former is likely to be more costly … (View Post)

Or NPxMP telling us that the Russian military build-up was just for show (View Post)

Not a Pyrrhic victory. More like a Pyrrhic stalemate defeat. Russian brigade flees from Bakhmut, claims Ukraine A Russian army brigade has fled from Bakhmut, Ukrainian forces claim. They released a v… (View Post)