Notayesmanspodcast389

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:- You emphasise bond rates when the go above 5%. I take that this is important. But when will the crisis come to fruition? Is it predictable? And will other countries' rates also rising have any effect on the severity of the crisis if/when it comes? The statements from members of the Bank of England MPC all appeared unfazed by broad money. Are they correct? Why are they complacent with 3.2% inflation in 2027 (at least the six voting in favour of a hold on base rates)?