The City

Don’t worry, the pound will save us from Labour’s schemes

The UK economy has a secret weapon. Our currency bobs up and down to keep the ship on an even keel. But investors need to remember how this impacts them.

The first election that doesn’t count

For all the bluster, showmanship and election analysis, this is the first election that didn’t really matter. But not for the reasons the media is pointing out.

Who is President Biden’s astrologer?

In today’s issue: Why was Biden subjected to humiliation and scorn? The White House has a history of mental care Democracy only works on a…

The conspiracy is on this side of the Channel

The greasy pole of politics has a pointy end. And Marine Le Pen, Sir Keir Starmer, Geert Wilders and Donald Trump are about to sit on it.

Your election debrief, with John Butler and Nick Hubble

The election results are in. But what do they mean for you? We asked The Fleet Street Letter editorial team to untangle the flood of information.

The Dominatrix of Threadneedle Street

The UK has a banking “oligarchy” The Bank of England supposedly regulates it But does the “oligarchy” also control the government? And the investment director…

Who does inflation work for?

Ronald Reagan warned us not to unleash inflation. But the Bank of England didn’t listen. It created vast amounts of money. Why? And who benefits?

When it all went wrong for America’s empire of debt

From the terrorists’ point of view, the 9/11 attack was so successful not just because it brought down the World Trade Center towers. The real achievement for them was in provoking US policymakers to strangle themselves.

The date on democracy’s death certificate

European governments are not dancing to the tune of voters. Someone else is pulling all the puppet strings. Or should I say “purse strings”?

How to pay for a war pandemic

The inflation of the 70s was a deliberate government policy. As was the inflation of 2021-2023. It’s how we pay for our wars and pandemic lockdowns.

Another election perspective

While most of us no doubt have an opinion or two regarding the upcoming election, and what it might mean for the country and for financial markets, we should all seek out other perspectives. Southbank’s Global Intelligence Network (GIN) is a good place to start.

Investors and politicians beware: the cycle of monetary mayhem is about to change course

History is a cycle of monetary systems. Should we trust the government, the central bank or the private sector with the right to issue money?

The feds’ only option is inflation

What if the Bank of England and Federal Reserve are no more reliable than the jefes at the Banco Central de la Republica Argentina?

Modern Monetary Theory is dead. Long live the Fiscal Dominatrix.

A new theory is spreading amongst the elites who control the levers of economic power. It will guide them to make some shocking policy decisions in coming years.

Inflation’s Fiscal Drag Queens and Bracket Creeps are picking your pockets

Politicians promise they won’t raise taxes. It makes me laugh. And then cry. Because I know there are at least four ways to increase taxation without increasing taxes.

How to beat the city without having to join it

If inflation is back with a vengeance, cash is a dangerous place to keep your savings. But investing is hard, time consuming and expensive. Right?

What lies beneath?

Stock markets have been rising and financial markets may appear calm on the surface but there is trouble brewing underneath. Interest rates may soon begin to rise again, which could possibly trigger a debt and currency crisis.

Labour’s plans for the OBR are an attack on democracy itself

Centralising judgement over the impact of budget policies in one place will merely enshrine one vision of economics. And the whole point of democracy is to allow different visions to compete

The poisoned chalice

As the electioneering begins it’s worth considering why Sunak called a snap election in the first place. Has something spooked him into action? Indeed, there are several prominent possibilities…

The election is a shootout in a hall of mirrors

Nothing is more embarrassing to democracy than an election campaign. This time, it’s like all the circuses have come to town at once. But is there something important hidden amongst all the entertainment?