Season 1 · Episode 71
Is the Bank of England nuts?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
November 2, 201718m 22s
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Show Notes
Has the Bank of England lost the plot? They have lifted interest rates as though the economy was booming. Yet, just two weeks ago the Financial Conduct Authority reported that many would struggle to pay £50 more each month on our mortgage, and real wages haven’t budged for over a decade. In this edition of the Debunking Economics podcast Phil Dobbie asks Professor Steve Keen what the central bank thinks it’s doing!
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