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Times A Wastin

Is a new publication Edited by Arthur Bough. It aims to provide an insight on current events from a Marxist perspective. The name comes from the title of a Northern Soul favourite of the editor from the early 1970’s, by The Fuller Brothers, and sums up the fact of much to do.

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Interest Rates

Boffy in Times A Wastin

Jan 9

Predictions For 2024 — Prediction 2 — Asset Prices Continue to Fall In Real Terms

Boffy in Times A Wastin

Jul 1, 2023

Inflation Stays High, Rates of Profit and Interest Rise, Wages Rise

Boffy in Times A Wastin

Mar 15, 2023

Another Huge Dose of QE

Last Friday morning, I wrote about the crash of SVB before most people had ever heard of it. By today, nearly…

Boffy in Times A Wastin

Feb 3, 2023

Japanese Inflation Hits 4%

For years, Japan has had near zero or even below zero increases in its consumer prices. Like every other country…

Boffy in Times A Wastin

Feb 3, 2023

Inflation Stays High — Part 3 (3) UK & EU

UK headline CPI on Wednesday, came in at 10.5%, for December, as against 10.7% in November, with the core figure being 6.3% as against 6.3%. The latter was above consensus forecasts of 6.2%. RPI came in at 13.4%, as against 14%, and forecasts of 13.6%…

Boffy in Times A Wastin

Feb 3, 2023

Inflation Stays High — Part 2(3) United States

Whilst the annual figure for the US came in at 6.5% for headline, and 5.7% for…

Boffy in Times A Wastin

Feb 3, 2023

Inflation Stays High — Part 1 (3) Introduction

The latest data for the US, UK and EU, shows that, inflation stays high. The hype is that inflation is falling — which, of course, does not mean that prices are falling — but, inflation, like all economic phenomena, never moves relentlessly in one…

Boffy in Times A Wastin

Feb 3, 2023

Fighting Inflation With The Wrong Tools

Central banks say they are committed to reducing inflation. To that end, they are raising their policy rates. That misunderstands inflation, and means they are using the wrong tools to deal with the problem.

Boffy in Times A Wastin

Jun 26, 2022

Greedy Speculators Demand A Recession

Turn to any of the financial speculation channels like Bloomberg or CNBC, or listen to any of…

Boffy in Times A Wastin

Jun 16, 2022

Central Banks In Crisis Mode

Yesterday, the US Federal Reserve raised rates by 75 basis points; the ECB held an emergency meeting, less than a week after its last policy meeting; the SNB called a special meeting and raised rates by fifty basis points; the Japanese central bank is seeing the value of the Yen…