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Repaying bank loans destroys money

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Manage episode 431574612 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Bank of England is signaling we’re going to have high interest rates for a long time because it thinks we are still at risk of suffering inflation. But that’s absurd. The Bank of England is now the biggest creator of inflationary pressure in our economy.

  continue reading

162 episodes

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Repaying bank loans destroys money

Funding the Future

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Manage episode 431574612 series 3475482
Content provided by Richard Murphy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Richard Murphy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Bank of England is signaling we’re going to have high interest rates for a long time because it thinks we are still at risk of suffering inflation. But that’s absurd. The Bank of England is now the biggest creator of inflationary pressure in our economy.

  continue reading

162 episodes

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