OK, I finally watched Netflix’s Don’t Look Up. Surprisingly, I enjoyed it — especially before its effective subtitle for us thickos, THIS IS A METAPHOR FOR CLIMATE CHANGE, YOU F-ING MORONS. Otherwise, the film might have playfully dramatised the more general phenom of fiddling with celebrity bodices while Rome burns.
The comet at which I’m looking up could arrive far more immediately than perilous global warming. Money is in trouble. I’m not only referring to a cost-of-living crisis. Money itself is in trouble.
Let’s contemplate, to coin a phrase, a basket of deplorables. US inflation just hit 7.5 per cent, the highest in 40 years. UK inflation, now 5.5 per cent and the highest in 30 years, is expected to reach 7 per cent by spring. EU inflation is 5.1 per cent. All these indices are headed in one direction. Inflation is often described as a tax, but I have a better word for it: stealing.
Central banks are riding to the rescue on those miniature ponies that come up to your waist
Central banks will deliver us, right? Because controlling inflation is their main job, right? Except this cavalry is riding to the rescue on those miniature ponies that come up to your waist.
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