Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
UK government debt is running at £400 billion a year or 20% of GDP. Money supply growth is rising by nearly 14% per annum and the ratio of outstanding debt GDP – 85% of the economy just last year – is set to be around 108% of GDP in the 2020/2021 financial year. Surely that’s …
Continue reading “Why price inflation will remain low even with record debt”
The forthcoming US election is a momentous one. Many in the US argue that it is the most important US election in living memory for several reasons. Others abroad agree because who becomes President has enormous potential consequences not just for the US, but for the rest of the world. From an economic perspective, the …
We need to talk about Brexit. July should have seen a Brexit deal ratified at the European Meeting of ministers. That did not happen. And, to state the obvious, at the time of writing, an agreement has not been made. And, with PM Johnson publicly saying that no deal would be a ‘good outcome’, the …