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Interest rates are not the tool to solve the inflation caused by the US’s war with Iran | Josh Ryan-Collins
We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, an associate professor at UCL
Raccontata da
theguardian.com
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Interest rates are not the tool to solve the inflation caused by the US’s war with Iran | Josh Ryan-Collins
We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, an…
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BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise
Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices