Casino Economics

This episode reflects on recent economic policy changes by the UK Government in its recent mini budget. Market reaction has been critical and this has resulted in lowering the value of the currency. Has the UK taken a big gamble with their economic policies? Is it one spin of the roulette wheel to go for growth? Markets think it looks like this given their response. The International Monetary Fund has also been critical of the UK economic policies. It is unusual for the IMF to rebuke a G7 economy. Listen to find out more.Fiscal v Monetary Policy ConflictFall in pound against the dollar and other currencies making imports more expensiveInflationary pressures increased through fiscal policyCentral Bank pushing interest rates higher increase cost for everyoneIncreasing Government DebtHigher earners have tax reduced which was unexpected while not giving targeted support for those with the greatest needIMF RebukeSend us Fan MailSupport the show THANKS FOR LISTENING PLEASE SUPPORT THE SHOW You can support the podcast by following the link here. It makes a big difference and helps us make great content for you to listen to. Follow like and share the Chain Reaction Podcast with colleagues and friends on social media: Facebook, Twitter, LinkedIn.News about forthcoming programmes click hereSHAREPlease share the link with others so they can listen too https://chainreaction.buzzsprout.com/shareLET US KNOWIf you have any comments, suggestions or questions then just direct message on Linkedin or X (Twitter)REVIEW AND RATE If you like the show please rate and review it. Every vote helps.About Tony Hines and the Chain Reaction Podcast – All About Supply Chain AdvantageI have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon. ...