There’s an academic called Richard Murphy. He’s the Labour Party’s new economics guru, and the man behind their plan to print more money.
He gave an interview a few weeks ago. He was very frank. He admitted that Labour’s plan would cause a “sterling crisis”, but to be fair…
…he did add, and I quote, that it “would pass very quickly”.
Well, that’s alright then.
This morning David Cameron's folly on Brexit has resulted in a 31 year low for the pound against the dollar. I would call that a sterling crisis that is likely to continue.
And I have not caused one.
Maybe that's why David Cameron has no job and I am still doing mine.