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‘Government quite like a bit of inflation because it devalues their debt!’ | Justin Urquhart Stewart

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23 Comments

23 Comments

  1. @paulslater9061

    December 25, 2023 at 5:34 am

    What's he talking about may be in recession we know we are

  2. @EnglishTurbines

    December 25, 2023 at 5:34 am

    Inflating away Government debt that those idiots like Sunack caused…Stealing from savers….Again!!?..🤔😳🇬🇧

  3. @maralynedwards4936

    December 25, 2023 at 5:34 am

    What they are not stating, we are going through stagflation which will mean everything will triple in price…..

  4. @andrewoliver8930

    December 25, 2023 at 5:34 am

    Certain governments are happy to raise unemployment to fight inflation.

  5. @raysargent4055

    December 25, 2023 at 5:34 am

    Four percent is high? My first mortgage was eight and three eights per cent variable in 1970. It ended up around seventeen percent .The Bank of England has been robbing my savings for several years with half of a percent interest. They have used every trick in the book including quantitative easing to make my life savings worth as little as possible.

  6. @stephfoxwell4620

    December 25, 2023 at 5:34 am

    Our debt is up £600 billion in three years. That is 30%.
    And we printed £430 billion of QE too. Up 47%.
    How is 10% inflation devaluing it?

  7. @ready4ye461

    December 25, 2023 at 5:34 am

    So we got stagflation?

  8. @jamesevans3430

    December 25, 2023 at 5:34 am

    I just want all 650 MPs in our house of parliament and the lords gone. And the civil service. They think we are stupid and they are corrupt to the core 😟🙃

  9. @jimbrown3766

    December 25, 2023 at 5:34 am

    Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes. Thomas Sowell.

  10. @ancietman

    December 25, 2023 at 5:34 am

    Rishi is a glorified accountant he can do what he likes to manipulate the figures but he doesn't care what is going on with real people.

  11. @frankdevine7199

    December 25, 2023 at 5:34 am

    HI,ALL, CAN'T TRUST THIS INFORMATION ???

  12. @wyndhamhewlett8223

    December 25, 2023 at 5:34 am

    Gov doing bugger all,,,world economic forum running the show now people!! Old grandad klaus Has sunak bent right over taking it big time….

  13. @piglex1

    December 25, 2023 at 5:34 am

    What a stupid way of assessing inflation.Inflation is inevitable when governments print money to bribe the electorate or engage in unmandated vanity projects and fund Qangos.Inflation is the tax we pay for falling for their bribes.It may well devalue government debt but it also devalues your money.Payback for short-term gain.You just had a 15% tax rise.

  14. @JesterEric

    December 25, 2023 at 5:34 am

    The only way to create a growing economy is public sector cuts and normal interest rates to kill zombie companies. At the moment there is no slack in the labour market to let good companies grow. Periodically you need to prune a plant so you can get new growth.

  15. @josevarney6873

    December 25, 2023 at 5:34 am

    Stealing from people through their taxes.

  16. @hobartmg

    December 25, 2023 at 5:34 am

    6% on corporation tax is a good idea for businesses aren't they? VOTE REFORM

  17. @run2cat4run

    December 25, 2023 at 5:34 am

    May explain how they bad mouth socialism since socialism don’t make you stinky rich like capitalism

  18. @DavidGetling

    December 25, 2023 at 5:34 am

    Unfortunately inflation feeds on itself unless a concerted effort is made to contain it. By eating away at the value of savings it encourages people to spend, rather than see what they have got decrease in value. It also encourages people to spend what they haven't got, for fear of what they want to buy going up in price.

    Inflation is very much like a cancer: it's always better not to have any.

  19. @aaronaaronson7600

    December 25, 2023 at 5:34 am

    The Dover petrol bomber has just been classified a terrorist.

  20. @2GooDProductions

    December 25, 2023 at 5:34 am

    "Experts" – the cause of all our problems

  21. @arnolddalby5552

    December 25, 2023 at 5:34 am

    When the money supply hits 900 Quadrillion quid like Zimbabwe printed let me know. Hahaha.

  22. @alzheimer7629

    December 25, 2023 at 5:34 am

    "A bit of inflation" I love understatement.

  23. @hectorshouse7348

    December 25, 2023 at 5:34 am

    They created this inflation, of course they like it!

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