Tim Worstall on Muck Rack

Tim Worstall

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As seen in: MSN, Forbes, The Guardian, The Telegraph, The Washington Post, Wiley Online Library, Yahoo News, Daily Express, Substack, The Sunday Times and
Freelance classical liberal around and about. Substack at substack.com/@timworstall
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Articles

Hang the Lanyards

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By Tim Worstall 
| Tim Worstall Blog
It’s the only way.
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Spud betrays yet more ignorance

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By Tim Worstall 
| Tim Worstall Blog
What is more, unlike any other business, banks’ business is explicitly underpinned by the government through the provision of a guarantee to those who place deposits with them. No one would trust them without that guarantee. People need to know that they will be bailed out when banks fail, but as a result of it, banks know they will be. Their profit-extraction model, which is based on these guarantees, deserves special tax treatment as a consequence.
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Sigh - Tim Worstall

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By Tim Worstall 
| Tim Worstall Blog
Today, however, the Bank of England is doing the opposite. Despite ongoing economic weakness, a cost-of-living crisis, stagnant growth, unaffordable housing and rising business pressures, it has deliberately pushed real interest rates back into positive territory. The result is a transfer of income from borrowers to lenders and from ordinary households to those who already own substantial financial assets. House prices are falling.
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