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Financial repression and inflation loom for the UK economy

First published: 25/08/2020

The UK economy is now emerging from its deepest ever recession into its sharpest ever recovery, all thanks to pandemic control and relaxation measures. By the autumn we will know a bit more about what’s really going on in the economy. Yet  while it’s important to monitor the monthly or quarterly snapshots of the economy, they are a bit of a sideshow. Mindful of the accumulation of public debt, some economists are starting to sense the arrival of rising inflation in response to the growth-suppressing rise in public debt. Read on….