MoneyWeek

What we need to know about Covid

It is finally official. Earlier this week, the Bank for International Settlements spelt out a simple truth that has been obvious to just about anyone for months. The round of inflation that is doing so much damage to the economy, both in this country and elsewhere, was largely caused by lockdown, and the money printed to pay for it all. According to Agustín Carstens, the head of the body that oversees the

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