Happy birthday happy birthday neil where did the time go . Happy birthday, Inflation Reduction Act, when youre young to point the president planning to pull out all the stocks even though he seems to acknowledge maybe they should have called the budget busting measures something else. A lot of green to go green even though that wasnt how the white house sold a year ago, justified the 750 billion pad, a means of producing americans price tag and today the president is expected to brag he did he said it would do, bring prices down. What has happened to inflation since . 12 straight months of prices easy but spending didnt do that and this inflation reduction didnt do that. The Federal Reserve and a year of unending hiking Interest Rates near 0 did that. Investors know that. We all know that. Spending may boost Economic Activity but it always comes at a cost. Had the fed not more than quintupled rates and most Central Banks did the same thing, the exact same period things would be differe
Zac, lord goldsmith, welcome to hardtalk. Thank you for having me. Its a pleasure to have you here. Just a couple of months ago, you left rishi sunak s government and, as you left, you lobbed a political grenade in his direction. Why did you do that . My concern is that, you know, im maybe a rare thing, a minister who cares passionately, or cared passionately about my portfolio. And ifound myjob was becoming untenable, it was becoming impossible for me to go forward. It was becoming virtually impossible to prevent government from sliding back. And the key issue is this pledge which was made by borisjohnson, repeated by liz truss, repeated a few times by rishi sunak around International Climate finance, from which so much of what the uk has done over the last few years flows, and that pledge was being broken. You say, because it was a pledge of something over. £11. 6 billion over five years. Over five years to be invested in International Climate change programmes and efforts. Yes. You
Zac, lord goldsmith, welcome to hardtalk. Thank you for having me. Its a pleasure to have you here. Just a couple of months ago, you left rishi sunak s government and, as you left, you lobbed a political grenade in his direction. Why did you do that . My concern is that, you know, im maybe a rare thing, a minister who cares passionately, or cared passionately about my portfolio. And ifound myjob was becoming untenable, it was becoming impossible for me to go forward. It was becoming virtually impossible to prevent government from sliding back. And the key issue is this pledge which was made by borisjohnson, repeated by liz truss, repeated a few times by rishi sunak around International Climate finance, from which so much of what the uk has done over the last few years flows, and that pledge was being broken. You say, because it was a pledge of something over. £11. 6 billion over five years. Over five years to be invested in International Climate change programmes and efforts. Yes. You
Zac, lord goldsmith, welcome to hardtalk. Thank you for having me. Its a pleasure to have you here. Just a couple of months ago, you left rishi sunak s government and, as you left, you lobbed a political grenade in his direction. Why did you do that . My concern is that, you know, im maybe a rare thing, a minister who cares passionately, or cared passionately about my portfolio. And ifound myjob was becoming untenable, it was becoming impossible for me to go forward. It was becoming virtually impossible to prevent government from sliding back. And the key issue is this pledge which was made by borisjohnson, repeated by liz truss, repeated a few times by rishi sunak around International Climate finance, from which so much of what the uk has done over the last few years flows, and that pledge was being broken. You say, because it was a pledge of something over. £11. 6 billion over five years. Over five years to be invested in International Climate change programmes and efforts. Yes. You
Zac, lord goldsmith, welcome to hardtalk. Thank you for having me. Its a pleasure to have you here. Just a couple of months ago, you left rishi sunak s government, and, as you left, you lobbed a political grenade in his direction. Why did you do that . My concern is that, you know, im maybe a rare thing, a minister who cares passionately, or cared passionately about my portfolio. And ifound myjob was becoming untenable, it was becoming impossible for me to go forward. It was becoming virtually impossible to prevent government from sliding back. And the key issue is this pledge which was made by borisjohnson, repeated by liz truss, repeated a few times by rishi sunak around International Climate finance, from which so much of what the uk has done over the last few years flows, and that pledge was being broken. You say, because it was a pledge of something over. £11. 6 billion over five years. Over five years to be invested in International Climate change programmes and efforts. Yes. Yo