RT @julianHjessop: 2. It's #TeamRishi that's playing at 'fairytale economics' if they think the current ultra-low level of interest rates is normal, healthy or sustainable (most economists agree that fiscal policy is too tight - largely due to #Rishi's tax hikes - and monetary policy is too loose)
🐦🔗: https://nitter.eu/john4brexit/status/1555331034027331584
RT @julianHjessop: Expect lots of warnings today from #TeamRishi about the cost of higher interest rates as the Bank of England (#BoE) hikes.
Three counters...
1. The #tax cuts proposed by #LizTruss are unlikely to have any significant impact on #inflation (they could even help to reduce it)...
🐦🔗: https://nitter.eu/john4brexit/status/1555331019091464193
#TeamRishi #BOE #tax #LizTruss #Inflation