Will the Bank of England really raise interest rates?

The old spectre of higher interest rates is back in the news. Not despite the energy crisis, but because of it. But, it’s not that…

Choose the lesser of two weevils: inflation or deflation?

I’m reading the books which inspired the film Master and Commander, starring Russell Crowe. A key theme is how much the elements matter. The captains…

When government funds buy government bonds, are they funds at all?

Today, I’d like to dig into what I believe is a financial sleight of hand which politicians have pulled on you, in the hope that…