Surely the only way the UK can afford its £1.4tr debt is by inflating it away? If that's true, then raising interest rates and hence the cost of servicing the debt would seem a crazy thing to do.
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Surely the only way the UK can afford its £1.4tr debt is by inflating it away? If that's true, then raising interest rates and hence the cost of servicing the debt would seem a crazy thing to do.