Comments by "Greg Greg" (@SlowhandGreg) on "Labour must be as “hard” on climate change as on the economy | Andrew Marr | New Statesman" video.

  1. ​@rhysbevan429 the inflation is Supply Side Not Demand Side interest rates curb Demand side inflation if the inflation is on inelastic Supply side goods (food and energy) then your using a sledgehammer to crack an egg. Government should have in 2021 Increased the supply of energy by fast tracking renewable policy and grid upgrades Put in a windfall tax of 70-80% on excess Profits to curb pandemic and war profiteering pushed the bulk of the money to customers Stopped the current farming policies and encouraged through grants and taxation the growing of more domestic food Insulation programs and changes to planning where still building homes that will need Insulation retro fitting. We did non of the above and you couple that with 2 major bouts of QE which has all trickled up in the covid case 700 billion in Truss's case 130 billion and zero attempt to pull it out the top but a policy of squeezing it out the bottom. The rich who benefited from QE are fairly immune to rate hikes
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