“Out of intense complexities, intense simplicities emerge”. W. S. Churchill. Imagine that you personally own, outright, Britain’s largest bank, and you are legally entitled to put any credit figure you choose in your own account. Would you really go out and actually borrow any money from anyone? Of course not. But, you are aware that …
Monthly Archives: May 2020
#7 Paying for the Covid Economic Crisis?
At the present moment, when it’s clear that the imminent economic crisis resulting from the Covid-19 pandemic, will need a massive financial intervention by the UK government to avert a catastrophe, a lot of people are worried about how the cost of this will be met. And, what long-term effects that will have. So, it …
the pound in your pocket 