FPT Plenty has been written about why there was no inflation post 2008 in goods and services, despite the huge increase in the money supply. The most compelling explanation I’ve seen is that the high… (View Post)

I wouldn’t care so much if at least you were allowed to travel the other way. I’m still expecting some sort of two households rule bullshit this Christmas and they’ll expect us to be thankful for it … (View Post)

QE represents the reallocation of wealth to capital holders, from those that rely on an earned income. After all, Debt = Savings. Massively increase debt and you de facto increase savings. Followed t… (View Post)

Latest PHE vaccine data is out. As of Sunday, 94.8% of over 50s have received at least one dose. Just extraordinary. Even when vaccines are not supply constrained, that’s a figure that will be the en… (View Post)

Conceptually should a hardcore of “Europia” done that, it would be better than now. Half a dozen closely aligned members of the single currency only and separating the identity element and QMV out of… (View Post)