Lucky Liz? Wait a few years to find out

Britain’s new PM, Liz Truss, might have caught a break last night.

The International Monetary Fund, after a longish period of complaisance in regard to fiscal stimulus, abruptly decided that the Truss economic plan was a good point to draw a line, in part because giving people their money back was seen as untargeted and might increase inequality.  

But in being so unusually prompt and decisive, it has missed a chance to wait and see which way the wind blows.

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