Inflation, austerity and recession is a dangerous combination

18 November 2022

Another week, another green energy bust. But does anyone see the trend? Nigel Farage does.

And that’s not the only déjà vu. George Osbourne and his austerity are back in vogue… in certain circles, anyway.

As is China, with the West choosing to turn a blind eye and the other cheek at the G20.

Meanwhile, consumer prices just keep rising, and central bankers’ inflation denialism just keeps getting more bizarre in response.

What a week for Nigel to digest for you…

^{(Your browser might be blocking you from seeing this video. Please visit cookie settings and enable cookies to see the video on this site, or click here to watch it on YouTube.)}

And if you’d like to hear from Nigel and other guests more often and more conveniently, why not sign up to the Fortune & Freedom podcast on Apple Podcasts, Spotify, Amazon Music or Google Podcasts?

Nick Hubble
Editor, Fortune & Freedom

Get ahead of the curve with Fortune & Freedom

Uncover the hidden power shaping the UK economy in Nick Hubble's exclusive video.

Enter your email to access exclusive insights and stay informed with our Fortune & Freedom daily email.

Because Fortune & Freedom is completely free, we do have to fund it with advertising. Occasionally we will send you promotional emails, which will contain advertisements from us. By signing up to our free emails, you are consenting to receive these promotions. However we will never give, sell or rent your email address to any other companies. If you want to stop receiving our free emails at any time, you can immediately unsubscribe by clicking on the link in each email. For more information, please see our privacy policy.

In the News

A global revenue bargain?

John Butler

20 November 2024

US stock markets went from expensive to even more so following Trump’s victory. But is this justified? Regardless, the UK stock market is a relative bargain by comparison.

The City

Why Rachel Reeves’ taxes don’t matter

Nickolai Hubble

2 November 2024

By the time you read this, Chancellor Rachel Reeves will have “handed down” her budget. An ironic choice of words given that it’s taxes that are dominating headlines.

Financial Independence The City

Labour’s “trick-or-treat” budget

John Butler

30 October 2024

Both tax rises and spending cuts are likely The stock market is unlikely to care Global developments remain more important Labour will present their “trick-or-treat”…

Financial Independence Gold & Commodities Stocks The City

Lies, damn lies and (economic) statistics, part 2

John Butler

23 October 2024

Economic data must be adjusted for inflation in order to give a real picture of the economy. If inflation is mismeasured, so is everything else. What appears to be economic growth could actually be stagnation. How confident should we be that inflation data are accurate?