Jeff
superfrank wrote:but then the BoE just buys the debt itself (i.e. prints money and debases the currency).
superfrank wrote:but then the BoE just buys the debt itself (i.e. prints money and debases the currency).
so we're at the mercy of Benny Hill and his abysmal forecasts."The MPC has no track record of taking tough monetary policy decisions to underpin its credibility," he said, adding that despite its recent forecasting errors "the MPC has redefined it target – putting much more emphasis on its own forecasts... The internal consensus around the Governor has been a very important driving force."
mulberryhawk wrote:erily quiet on here of late, all the hyperinflationists must be off stocking up on gold guns and ammo
mulberryhawk wrote:I would have thought the UK inflation rate of 2.2% in line with (actually ) the goveners expectations