David Gow: The Guardian\’s European Business Editor of old

German inflation, held in check by a relatively weak euro, is 1.3% compared with the UK\’s 3.1%.

German inflation, of course, is being kept in check by a relatively strong euro.

Strong currencies reduce inflation, weak currencies increase it.

And there, in a nutshell, is why you should never believe anything at all on the subject of economics from anyone who is or has ever been on the staff of The Guardian. Their beliefs are at a 180 degree relationship with reality.

3 thoughts on “David Gow: The Guardian\’s European Business Editor of old”

  1. why you should never believe anything at all on the subject of economics from anyone who is or has ever been on the staff of The Guardian

    See also “terrorism” / “The Telegraph”. But yes, duh.

  2. I don’t think that’s true – I’ve seen tens if not hundreds of elementary economics errors on this site, but you are a fellow of the Adam Smith Institue and seem to grasp some of the ideas quite well. It might even have been a sub-editor given the euro is relatively strong at the moment.

Leave a Reply

Your email address will not be published. Required fields are marked *