Destruction by the dollar, not of the dollar

Yesterday we exposed the truth about the plunging pound. It’s actually bobbing about on the surface of its trade-weighted index – a measure of the…

As unsound as a pound

“Sound as a pound,” my friend used to say. I think he was referring to one of the Scottish ones, though. Which aren’t so sound…

Did the Bank of England kill Goldilocks?

It’s time for some reader mail from your fellow subscribers. It’s great to see a good mix of agreement and disagreement over inflation, the Bank…