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se7ensport

Delete The Man From The Mpc, Would A Pc Do?

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Just had a fool article sent to me, normally I can't stand the site, but this is an interesting article:

"Although many of Milton Friedman's ideas shaped world economies, they've often been radical. Even last year, at the age 94 and just a few months before he died, the influential economist recorded a podcast for the Library of Economics and Liberty. In it he said, amongst other things, that we should fix currencies and replace the committee that sets the Bank of England Base Rate with robots.

Well, that's what I wish he said, if only for comedy value. But what he actually said was only one step away: he said replace the committee with computers."

Fool link

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Computers may be part of the problem or the fools that are feeding the data which leads to the MPCs laughable forecasts.HPI was meant to be zero by now there was a surity** about GDP coming in at 0.5% for Q1 and rates were kept loose weren't they Barker,Lomax ,Blanchflower et all.You bl**dy idiots.

Edited by crashmonitor

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Computers wouldn't be able to outperform Merv and his band of motley shysters

at screwing the populace, while maintaining the illusion that the MPC and the

Bank of England has the peoples' economic best interests at heart.

All inflation is caused by central banks, the raising of rates now has been

planned years in advance, it is no surprise to them.

They are a bit like vampires which suck your blood surreptiously,

while beating you round the head with a stick telling you it's for you own good.

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Just had a fool article sent to me, normally I can't stand the site, but this is an interesting article:

"Although many of Milton Friedman's ideas shaped world economies, they've often been radical. Even last year, at the age 94 and just a few months before he died, the influential economist recorded a podcast for the Library of Economics and Liberty. In it he said, amongst other things, that we should fix currencies and replace the committee that sets the Bank of England Base Rate with robots.

Well, that's what I wish he said, if only for comedy value. But what he actually said was only one step away: he said replace the committee with computers."

Fool link

Well-worn programmer's phrase:

Garbage In - Garbage Out

Your inputs:

CPI (doctored)

Unemployment (doctored)

US Dollar (doctored)

Jap Yen (doctored)

Your output:

doctored

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