jMad that in the US the Federal Reserve can be quite open about how it's trying to cause a recession in order to make people poorer (ostensibly to tackle inflation) meanwhile in the UK when the Bank of England raises rates and then forecasts "the longest recession since records began" the BBC can put out a wide-eyed article reporting the rates-hike and coming recession as if they were completely unconnected
Also they can report that inflation is being caused by external shocks like the Ukraine war but then fail to ask how reducing the money supply is going to solve that
Adam Dalliance@byroon
The rate-rises are supposed to stop the pound falling, and they're failing at that too. minus 1.5% today.
It's very irritating that those in charge of the economy are determined to crash it into the rocks instead of taxing any rich folks.