An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
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The Bank of England just published an interesting report on household finances. There are some interesting parallels with Australia. https://www.bankofengland.co.uk/quarterly-bulletin/2019/2019-q4/the-financial-position-of-british-households Share this:EmailPrintTwitterFacebookLinkedInReddit