So why then, I asked, do we insist on running the economy at a low temperature (which is the equivalent of the inflation target) and without real use of the hob (otherwise called fiscal policy), with rules enforced by a technical committee with remarkably little real world experience between them (the Bank of England’s Monetary Policy Committee), and all because the government think the economy must serve the interests of a few (the wealthy who want low inflation, and who eat overdone roast beef) at cost to the rest of society who now know the real food potential of the country is enormous, and utterly constrained by rules that make no sense?
No, leave the absurd food metaphor out of it.
Why do the wealthy want low inflation?
If you’ve assets then inflation is just fine. It’s the poorer people on fixed incomes who hate inflation.
Why can’t he get even the basics right?