Comments by "Greg Greg" (@SlowhandGreg) on "UK inflation REMAINS at 8.7% | Bank of England to ‘take drastic action’ says Liam Halligan" video.

  1. Its pointless raising interest rates the inflation is supply side on inelastic commodities food and energy. If you want to tackle inflation tax the expected 170 billion in EXCESS PROFITS @75/80% pump it back to consumers only exception is households with their own private swimming pools. Reduce the money supply with a 1 off wealth tax
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  2. Renewables are 2.5x cheaper on forward contract than Nuclear the argument against net zero went over the event horizon in 2019 when they achieved parity with gas priced electric. The uk is paying out tens of billions in tax subsidies to the fossil industry And we don't own any of our fossil resources they go onto a Cartel controlled world market
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