Friday, Jan 12, 2007
Where were the MPC when we needed them?
The Independent: Jeremy Warner's Outlook: The Bank's been asleep on the job. Surprise of yesterday's rise shows it is awake again
Jeremy Warner assesses the reasons behind the MPC's decision to raise interest rates, and wonders why they didn't do it sooner.
Posted by jellycaster @ 05:36 PM (157 views) Add Comment
7 Comments
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1. paul said...
"Asleep at the wheel" is exactly what I accused the MPC of six months ago on David Smith economiscuk.com website.
He instantly banned me, never allowing me to post again.
Proves he is an idiot and a poor economist.
2. sold 2 rent 1 said...
Paul,
Send me the link to the economiscuk posting
3. paul said...
I've just been back to look for it, but he's deleted it. In fact he's gone through removing all of my posts where I contradict his scholarly teachings.
4. Ticktock said...
Paul,
Mr. Smith is not an 'economist', he is a 'propagandist' for the business class.
Either he understands very little of economics, or he is a bare faced liar.
Either way, I wouldn't be to bothered by the 'cold shoulder' treatment, it is only to be expected.. His deletion of your posts says more about him and the strength of his own arguements than the validity of the posts themselves.
5. bidin'matime said...
David Smith is an idiot. I tried to start a debate with him on his site a few months ago and he side stepped every argument - whether he was pretending not to understand or really is stupid, was not entirely clear. He's a waste of space, a complete fool.
6. sirgoogle said...
I noted his tone too on the site a few months ago. I stopped reading his material
7. Van Hoogstraten said...
I dont remember this economics "expert" or any of his counterparts calling for an interest rate rise or accusing the BoE of being asleep - in fact it seemed to be congratulations all round & all that goldilocks economy bullshit.