I spoke to Adair Turner last week about his new book, “Between Debt and the Devil”. You can see my interview with him below.
Early in 2012, as the UK struggled to escape recession, I asked the question “if the government simply cancelled the £300 bn+ of QE gilts held by the BoE, who would be unhappy?”. Would that have really let an inflation genie out of the bottle? I argued that even if …
Read the article