Notayesmanspodcast387

This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on:- I see the heat and war in Ukraine is pushing up agricultural commodity prices like wheat. How long is the pass through time from commodity price rises to shop price increases? Also some questions around the latest Bank of England QE and QT plans. ‘dreadful error’ - so you’d have not done QE at all? Counter-factual of the Gilt market totally seizing up is infinitely worse than where we are now Ive never got why Reeves was never challenged about this in Treasury questions And why they issued so many index linked bonds when inflation was zero!