Ladies and gentlemen, welcome to Current Eield Grants Interest Rate Observer of the Air.

I am Jim Grant, as usual, as Eric Whitehead, who is at the control panel.

He is working remotely, has become his want.

And indeed, the want of the world, Eric is in Smithtown, Long Island.

I myself have been Schoherry, New York, Cal Country, and with us as well as the great deputy

editor of Grants, Evan Lorenz, who was from the borough of Brooklyn.

But because this is global, I think is the word of the day, global podcast.

Our guest today is Peter Warburton about whom you'll be hearing a lot presently,

and he is calling from, I think, London, comma, UK. But before we get into the topic at hand,

which is inflation, or its opposite, or its middle shadow ground, it has been my custom in

these podcasts during this period of annoying lockdown and quasi

lockdown and COVID-19 ism to bring up something utterly extraneous in the world of finance,

something I've come across during my time and postponing work is what we're talking about here.

But I came across something that just astounded me, which is this fact, I got it from a Charles

Moore column in The Spectator. And that is that William Wordsworth, the Great Lake Country

poet, William Wordsworth, wrote 14 sonnets in favor of the death penalty. These are called sonnets

upon the punishment of death. He was 71 years old, and he wrote at a time when there are

200 offenses in the British statute books stipulated in death penalty. I guess when you look

crossways at the central banker that might have been a capital offense. I don't know. Can you imagine?

A sonnet upon the death penalty, even pro or con. There are plenty of writers who are writing

against the death penalty, Dickens and Thackeray and Tolstoy. Wordsworth, opposed total abolition of death penalty.

And he wrote sonnets.

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