Casino Economics
This episode reflects on recent economic policy changes by the UK Government in its recent mini budget. Market reaction has been critical and this has resulted in lowering the value of the currency. Has the UK taken a big gamble with their economic policies? Is it one spin of the roulette wheel to go for growth? Markets think it looks like this given their response. The International Monetary Fund has also been critical of the UK economic policies. It is unusual for the IMF to rebuke a G7 economy. Listen to find out more.
- Fiscal v Monetary Policy Conflict
- Fall in pound against the dollar and other currencies making imports more expensive
- Inflationary pressures increased through fiscal policy
- Central Bank pushing interest rates higher increase cost for everyone
- Increasing Government Debt
- Higher earners have tax reduced which was unexpected while not giving targeted support for those with the greatest need
- IMF Rebuke
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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon…
Chain Reaction - Supply Chain Advantage
Supply Chain Advantage helps make organizations efficient and effective employing customer focused supply chain strategies that are demand driven. It does so by means of training, consultancy, events, digital content and publishing.
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