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The fact that the UK government are at odds with the UK central bank makes markets nervous. How much worse would it have been if there was no intervention in e
by flembat 4y ago
The fact that the UK government are at odds with the UK central bank makes markets nervous.
How much worse would it have been if there was no intervention in energy and we had riots on the freezing streets this winter?
As Macron said 'we are at the end of abundance'
To future readers; the last days of abundance were great!
On Monday 26th September 2022 we could buy a £25.00 Raspberry Pi for only £49.00 on eBay.
A 250g tub of Lurpak (butter) was only £2.50 and you could buy it in lots of 'shops' just using 'money' without a ration card and gold level social credit score.
- drumhead 4y agoThe Pi was £100 a few months ago, so a bit of deflation there.
- ndsipa_pomu 4y agoIsn't the 'intervention in energy' just borrowing even more money and handing it over to the energy companies? With their obscene profits, it would make far more sense to use windfall taxes rather than borrowing, but then I suppose it depends on whether your friends work in those energy companies.