How much money is too much?

There’s only one reason a government issues bonds. It’s so their account with the central bank is not overdrawn. It’s only regulation that stops the central bank from saying a rapidly expanding deficit is fine. After all, it’s an indicator of how much government money has gone in ...  Show more

A listener (Doug) left a comment on YouTube saying I assume Phil intends to play "devil's advocate" when he speaks as though taxes are necessary for money issuance by governments with sovereign currencies. He’s worried that it might confuse new listeners to the podcast. So this w ...  Show more

Last week, the government unveiled around £30bn worth of cuts to public services as it attempts to plug a fiscal hole. Governments have attempted to rein in spending in the past and struggled to do so.Philip Coggan takes a look at why public spending tends to rise in the long run ...  Show more

We'll take a closer look at what the Autumn Statement means for your personal finances. On Wednesday the Chancellor, Jeremy Hunt, made announcements about tax, pensions and benefits. With his top takeaways, Paul Lewis talks tax cuts and the unfreezing of the local housing allowan ...  Show more

Rishi Sunak says the time has come to cut taxes, but how much are we really paying? Patrick Maguire asks how much they pay in Europe and America, and what, if anything, the Chancellor can do about them in this week's Autumn Statement.

Plus: Columnists Rachel Syl ...

With food and heating prices going up, and wages not rising at the same rate, there is pressure on central bankers across the world to tackle inflation. But is this the right approach? And can it be done without crashing the economy?Ed Butler hears from parents at a cheerleading ...  Show more