Will the UK Government Protect You from War Inflation? скачать в хорошем качестве

Will the UK Government Protect You from War Inflation?

The Middle East War is already pushing oil and energy prices higher, and that means UK inflation pressure will rise again. But this is not normal inflation. It is not caused by excessive demand in the UK economy. It is an external supply shock. So the real question is simple: will the government protect households, or leave them to absorb the shock? In this video, I explain why raising interest rates will not solve an oil shock, and why the government should instead: Cut VAT Cut fuel duty Stabilise long-term interest rates Protect household incomes If ministers talk about economic defence in wartime, then protecting society must come first. Let us know your thoughts by voting in our poll:    • Запись   00:00 — War inflation is coming to the UK 00:25 — The key question: will the government protect people? 00:50 — Energy disruption and rising oil prices 01:20 — How fuel prices spread inflation through the economy 01:50 — Imported inflation vs domestic demand inflation 02:15 — Why this is not “normal” inflation 02:40 — The three policy mistakes governments make 03:05 — Why interest rate rises will not fix energy shocks 03:35 — The government’s duty during wartime inflation 04:00 — Protecting living standards and economic stability 04:25 — Policy option: cutting VAT to reduce the cost of living 05:00 — Policy option: reducing fuel duty to protect households 05:30 — Why the Bank of England must not raise interest rates 06:00 — Using quantitative easing to stabilise long-term rates 06:30 — Why households cannot absorb another economic shock 06:55 — Government balance sheets vs household finances 07:10 — Economic defence: protecting society first 07:20 — Rachel Reeves’ choice: protect markets or protect people TRANSCRIPT A transcript for this video is available at: https://www.taxresearch.org.uk IF YOU WANT TO WRITE TO YOUR MP ABOUT ISSUES IN THIS VIDEO If you want to write a letter to your MP on the issues raised in this blog post, there is a ChatGPT prompt to assist you in doing so, with full instructions, here. https://www.taxresearch.org.uk/Blog/2... HOW TO SUPPORT US Please consider donating: https://ko-fi.com/taxresearch ABOUT RICHARD MURPHY Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. RICHARD MURPHY ON BLUESKY: https://bsky.app/profile/richardjmurp... OR ON MY BLOG: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION:    • Welcome to my channel - Richard J Murphy -...   PLAYLISTS: The Wealth Series    • The Wealth Series   Ecenomics    • Ecenomics   Britain    • Britain   Tax    • Tax   MMT    • MMT   Money    • Money   Climate Change    • Climate Change   USA    • USA   Labour    • Labour   The Trump Administration    • The Trump Administration   #WarInflation #EnergyCrisis #OilPrices #CostOfLivingCrisis #UKInflation #EnergyShock #ImportedInflation #PoliticalEconomy #FiscalPolicy #BankOfEngland #InterestRates #QuantitativeEasing #VATCuts #FuelDuty #EconomicPolicy #PublicPolicy #EconomicDefence #EconomicResilience #CostOfLiving #UKPolitics #RachelReeves #ModernMonetaryTheory #MMT #EconomicJustice #PoliticsOfCare #FundingTheFuture #RichardMurphy #GovernmentPolicy #EnergyPolitics #inflationexplained War inflation is coming to the UK due to rising oil prices driven by the ongoing middle east war. This video explores the impact on the UK economy and questions whether the government will protect citizens from the economic shock. We discuss how these rising energy prices contribute to uk inflation and the broader implications for uk news.