The Economic cost of the War in Afghanistan

The War in Afghanistan officially started in late 2001, following the horrific events of 9/11. The Bush Administration initially demanded that the Taliban release Al Qaeda leader Osama Bin Laden, who orchestrated the infamous attacks on American soil. However, following the Taliban’s refusal to extradite him, the US government launched the invasion of Afghanistan toContinue reading “The Economic cost of the War in Afghanistan”

Low Interest rates and inflation

Most economists consider interest rates and inflation to be inversely proportional. When real interest rates are low, periods of high inflation should occur and vice-versa. With this said, inflation in the UK has averaged a meagre 2% between 2010-19, whilst interest rates have stood at record lows. This pales in comparison with the 1990s, whichContinue reading “Low Interest rates and inflation”