The only thing moronic is this narrative. Interest rates have been tracking inflation, this because of energy costs. The latter driven by Net Zero- particularly mad in the U.K. The risk is that will get even worse under Labour
RT @Peston: The cost of money in the UK, especially for the government but for all of us too, is again significantly more expensive in UK than in the US and much of EU. That’s because inflation is higher and stickier. The moron risk premium …

🐦🔗: https://n.respublicae.eu/john4brexit/status/1661356376021409793