The Bank of England’s (BoE) war on Britains stubborn inflation is likely to crush the country’s economy in ways that many people aren’t recognizing.
If that comes to fruition it won’t solely be the fault of the people at the BoE who decide the monetary policy. The problem comes down to decades of absurd housing policy, and the overly cautious banking industry. Here’s where we are now and how we got here.
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