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Boe To Overhaul Forecast Model After Errors

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Says the telegraph

Apparently, the problem is the current model:

misses the role of credit and financial conditions

Beggars belief doesn't it? Just as well they're not in charge of anything important.

And having utterly missed the credit bubble on the way up, how handy to now include it on the way down - more ZIRP and QE here we come...

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Says the telegraph

Apparently, the problem is the current model:

Beggars belief doesn't it? Just as well they're not in charge of anything important.

And having utterly missed the credit bubble on the way up, how handy to now include it on the way down - more ZIRP and QE here we come...

As you say they completely missed the bubble, their new model will be as bad as the old one. as much as they know nothing about running the monetary system they know even less about real enrichment of a country. For deacdes this country has been asset stripped and destroyed by this gang of fools. This will continue, much to the detriment of the majority of the population, that is why 6/10 people in a new survey just want out from this crapulence and all that it breeds.

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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