The Bank of England is setting us up for an almighty economic crash

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The thread I wrote yesterday morning transferred, with minor edits, to Prospect magazine.

They then asked me to do a TikTok video for them, which I knocked out rather quickly. It's now been viewed nearly 200,000 times:


Richard Murphy explains why he thinks the Bank of England’s decision to raise interest rates will have dire economic consequences and warns of an almighty economic crash. Richard is a chartered accountant, political economist and professor of Accounting Practice at Sheffield University, as well as co-founder of the Green New Deal . @Conservative Party UK @UKLabourParty @sheffielduni #economy #bankofengland #interestrates #recession #monetarypolicy

♬ original sound - Prospect Magazine

It looks like I need to explore another aspect of social media.