homes, rather, from hospitals, i having been in hospitals, you are going to set - a wildfire running. and as you say, you know, it is notjust england, - wales and scotland where this was a problem. the united states, the first case of a covid victim - in the united states was in a care home in seattle. that is where the first big outbreak took place. - we know that people in france, the relatives of people in care l homes who have died as a result| of covid, they are going to court. they started legal action backl in march to try to get answers. half of all the covid deaths - in germany were in care homes. this isn tjust a problem that britain had to deal with. - | it seems to have been a blind spotj for policymakers around the world. i i think it will be one of the mostl significant chapters of the inquiry, as bernard pointed out, - of the inquiry when it eventually comes sometime next year. i think the fascination for the public, also, i
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whatever you have, the federal reserve sort of inaction. there s always a risk that they will make a mistake. they will raise interest rates too far, too fast and will get a recession. i think it s something to be aware of. you should be aware the economy is accelerating. to that point, if we have extraordinary growth, if we re full employment, how could we not raise rates? i understand that central banks around the world hadture hold t little baby in their bosom. keep rates really low so people would borrow and expand their business. you can t have the president saying this is the greatest economy since world world ii, by the way don t raise rates. there are some economists that would say that because they don t see there s a lot of inflation. the reason to raise rates is to prevent inflation from taking