If the pound continues to fall capital controls will be on the agenda

Posted on

The UK cannot afford an uncontrolled currency dip: inflation alone might demand action to address this issue.

Interest rates cannot be raised: that would make things worse.

So capital controls will be on the agenda for post Brexit, I suspect.

I am not necessarily opposed to capital controls: that they may be forced upon the UK does not seem desirable. This is all beginning to feel somewhat uncomfortable (other words might be used).


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: