Tagged: inflation

Economics / Britain

 by Jaffa Levy

What the City’s Debt Debate Forgets: Ordinary People Have Savings Too

A City-facing broadsheet warns that rising public debt will soon meet “market discipline”. What it ignores is a simple truth: ordinary people have savings too. When governments avoid hard fiscal choices, the costs are shifted quietly through inflation, fiscal drag, and repression. Debt sustainability is not arithmetic. It is about who pays, how visibly, and when.

Economics

 by Jaffa Levy

What Drives Inflation Now? A Clear Explanation Using Mervyn King, John Cochrane, Stephen Miran and Kevin Warsh’s Competing Ideas

This article simplifies a subject economists have turned into a maze. Inflation is not just a number on a chart. It is a mechanism of power that decides who pays when governments over promise and overspend. We walk through Mervyn King’s warning, John Cochrane’s fiscal theory, and the rival stories told by Stephen Miran, Kevin Warsh and Christopher Waller.