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The view from Wiltshire

The essential John Brignell on his Number Watch site has an article called Greenflation - More sense there than you will get from the latest BBC Climate Chaos series that the wireless keeps promoting...


It's a pity that the article mentions Inflation, and then says that high interest rates are bad. Monetarism fixed Inflation.

Low interest rates + fiat currency cause banks to create "money" "ex nihilo", this causes inflation.

We should have cut taxes instead of interest rates.

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