Government deficits create private wealth

Funding the Future

Government deficits create private wealth

I have published the latest video in the Economic Truths series this morning. In it, I argue that it’s widely claimed that our national debt thre...

It’s widely claimed that our national debt threatens the well-being and stability of the UK, which is quite absurd when the national debt exactly equates to the value of private wealth that the government has injected into the UK’s economy. Why is it that those talking about the national debt do not seem to know this stuff?

Rachel Reeves could not have done worse than this

Funding the Future

Rachel Reeves could not have done worse than this

I published this new video this morning. In it, I argue that if Rachel Reeves wants to go down as one of the worst Chancellors in history, then she...

If Rachel Reeves wants to go down as one of the worst Chancellors in history, then she set about establishing her claim with yesterday's ‘blame the Tories for things we all already knew' speech. When her ambition is to penalise pensioners but let the rich off tax increases you know from the outset how badly she's misjudged the mood of the country.