@stamps50.bsky.social
In Sydney, coastal walk from coogee beach to bondi
January 13, 2026 at 4:18 PM
In Sydney, coastal walk from coogee beach to bondi
From my own experience, this likely consists of several waits per person, as each hmrc dept assures the customer it’s another department’s responsibility
January 13, 2026 at 11:03 AM
From my own experience, this likely consists of several waits per person, as each hmrc dept assures the customer it’s another department’s responsibility
Whether they repay it (which depends on the obscene interest rate) is immaterial, it’s the economic damage from the additional tax that’s the problem
January 11, 2026 at 12:48 PM
Whether they repay it (which depends on the obscene interest rate) is immaterial, it’s the economic damage from the additional tax that’s the problem
I wonder what the govt thinks it does for growth, to tax young, bright people an extra 9% forever?
January 11, 2026 at 10:37 AM
I wonder what the govt thinks it does for growth, to tax young, bright people an extra 9% forever?
And to you and yours!
January 1, 2026 at 12:41 AM
And to you and yours!
I’m afraid that’s very easily shown to be false. You should know how govt spends by now, and repeating these misleading statements doesn’t help anyone
December 30, 2025 at 5:12 PM
I’m afraid that’s very easily shown to be false. You should know how govt spends by now, and repeating these misleading statements doesn’t help anyone
You say on the clip that you don’t know what it does, but you still oppose it anyway
December 28, 2025 at 5:39 PM
You say on the clip that you don’t know what it does, but you still oppose it anyway
Reposted
Here it is: open.substack.com/pub/moneyins...
Fiscal fumbling in the UK
Three challenges for the public finances
open.substack.com
December 22, 2025 at 8:18 AM
Here it is: open.substack.com/pub/moneyins...
As a matter of arithmetic, deficits are necessary in countries with a trade deficit, if the domestic private sector is to add to its £ savings
December 21, 2025 at 5:57 PM
As a matter of arithmetic, deficits are necessary in countries with a trade deficit, if the domestic private sector is to add to its £ savings
It also ignores the fact that economies typically grow faster after a recession. When you compare it to other recoveries you see how bad it is
December 15, 2025 at 6:27 PM
It also ignores the fact that economies typically grow faster after a recession. When you compare it to other recoveries you see how bad it is
I wondered at the time whether this might be an attempt to replicate the German real wage losses of the 2000s, to increase competitiveness. I don’t think they were that smart though
December 15, 2025 at 11:29 AM
I wondered at the time whether this might be an attempt to replicate the German real wage losses of the 2000s, to increase competitiveness. I don’t think they were that smart though
Reposted
So can non-health benefit cuts explain the rise in disability spending in the 2010s?
A rough calculation based on our results suggests all benefit cuts in the 2010s could have increased disability benefit spending by £900m: 13% of the real-terms £7bn increase over this period.
A rough calculation based on our results suggests all benefit cuts in the 2010s could have increased disability benefit spending by £900m: 13% of the real-terms £7bn increase over this period.
December 12, 2025 at 8:15 AM
So can non-health benefit cuts explain the rise in disability spending in the 2010s?
A rough calculation based on our results suggests all benefit cuts in the 2010s could have increased disability benefit spending by £900m: 13% of the real-terms £7bn increase over this period.
A rough calculation based on our results suggests all benefit cuts in the 2010s could have increased disability benefit spending by £900m: 13% of the real-terms £7bn increase over this period.
That isn’t correct. It’s business AND govt that grow the economy. That’s one reason why austerity harmed growth so much
December 11, 2025 at 2:28 PM
That isn’t correct. It’s business AND govt that grow the economy. That’s one reason why austerity harmed growth so much
I like tidal a lot. Worth noting that most tracks tend to be ‘high’ quality rather than ‘max’ as you mentioned
December 10, 2025 at 12:29 PM
I like tidal a lot. Worth noting that most tracks tend to be ‘high’ quality rather than ‘max’ as you mentioned
Question please: because QE also created new deposits, is there a way of estimating how much of the interest on reserves was then paid out to those deposits?
December 8, 2025 at 5:53 PM
Question please: because QE also created new deposits, is there a way of estimating how much of the interest on reserves was then paid out to those deposits?
That paragraph should also include 'and have no legal qualifications'
December 2, 2025 at 1:43 PM
That paragraph should also include 'and have no legal qualifications'
In other words, ‘here are the tories’ weird attack lines, now I’m going to legitimise them by making you respond’
November 30, 2025 at 11:19 AM
In other words, ‘here are the tories’ weird attack lines, now I’m going to legitimise them by making you respond’
Shouldn’t this really show the difference between gilt yields and base rate? Otherwise it might just show the difference in central bank decisions?
November 27, 2025 at 6:10 PM
Shouldn’t this really show the difference between gilt yields and base rate? Otherwise it might just show the difference in central bank decisions?
Around 450,000 children lifted out of poverty caused by the two child cap. That is something to celebrate whichever side of the house you’re on
November 26, 2025 at 4:37 PM
Around 450,000 children lifted out of poverty caused by the two child cap. That is something to celebrate whichever side of the house you’re on
Household saving falling to zero? Seems unlikely/ undesirable
November 26, 2025 at 1:25 PM
Household saving falling to zero? Seems unlikely/ undesirable
It’s the New Paradigm. And I’m not talking about the new paradigm we had in 1999. This is a completely different one
November 24, 2025 at 2:22 PM
It’s the New Paradigm. And I’m not talking about the new paradigm we had in 1999. This is a completely different one
Isn’t this over complicated? Couldn’t you just say that the bond price is primarily expectation of bank rate plus some uncertainty?
November 17, 2025 at 8:50 AM
Isn’t this over complicated? Couldn’t you just say that the bond price is primarily expectation of bank rate plus some uncertainty?