Understand the money and machinery behind the headlines.

Corrections

Effective 15 October 2026

When In Lay Terms gets something wrong, it says so on the story itself, with the date and what changed. Corrections are not made quietly.

Why this page exists

A publication that explains how money works is only worth reading if it is honest about being wrong. Every story here lists the sources it rests on so you can check it. This page sets out what happens when the checking turns something up — whether you found it, or we did.

What gets corrected, and how it is marked

Errors of fact
A wrong figure, date, name, or a statement that misdescribes how something works. The story is corrected and carries a dated note saying what was wrong and what it now says. The note stays permanently.
Errors that change the point of the story
Where the mistake affects the story’s central claim, the note goes at the top, where nobody can miss it, rather than at the foot. If the claim cannot be sustained at all, the story says so plainly instead of being deleted.
Clarifications
Where nothing was inaccurate but the wording let a reader draw the wrong conclusion. Marked as a clarification, not a correction, so the distinction stays meaningful.
Updates
Where the story was right and events have since moved. Marked with the date, and never used to make an earlier mistake look like a change in the news.
Typos and formatting
Spelling, punctuation and layout are fixed without a note. Nothing that changes meaning is treated this way.

What will not happen

A story is not silently rewritten to say something different from what it said when you read it. A published story is not deleted to make an error disappear. A correction is not buried in an edit that also improves unrelated wording.

If you think something is wrong

Reports of errors are taken seriously and checked against the sources listed on the story. Write to corrections@inlayterms.com — it reaches the editor directly. Say which story, and which claim you think is wrong; if you have a source that contradicts it, include that too.

Corrections issued

None. No correction has been issued on any In Lay Terms story. When one is, it will be listed here with its date and a link to the story, and it will stay listed.