The Letts Journal

The Letts Journal

Liberty Shrugged

“Quantitative Beating: The Bank vs the Chancellor”

A Farce in Three Interest Rate Adjustments.

Kara Cardinale's avatar
Kara Cardinale
Jul 30, 2025
∙ Paid

Somewhere between Threadneedle Street and the Treasury lies a battlefield strewn with the fallen dreams of open banking, discarded crypto wallets, and the last remaining VHS of Yes, Minister. Welcome to the passive-aggressive power struggle no one asked for: Rachel Reeves vs. Andrew Bailey, the fiscal cage match of our times - equal Parts Succession, Th…

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