One of the many curious things about Foreign Secretary Liz Truss is that she has the capacity to drive some people around the twist. There are the Trussites, hovering over her Instagram posts in political adoration, and then there are others who consider her a menace who is about to be made Prime Minister in a sinister conspiracy by Brexiteers.
At least she is willing to challenge the groupthink of the Bank of England and the Treasury, both of which are full of clever people who have manifestly failed to manage the inflationary shock currently knocking us all off our perches. At the weekend, it was reported that Ms Truss believes that the debts run up by the government during Covid ‘should be hived off into a separate pool and paid off more slowly, as Britain did with its war debts’.
This attracted the attention of the economics editor of the Financial Times, Chris Giles (who in fairness is usually happy to challenge the Treasury).
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