12 thoughts on “Yawn..”
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thebulltrap says:
Keep Calm and Carry On.
alan says:
Britain’s central bank is ignoring its price stability mandate. Inflation has been more than a percentage point above its 2 percent target for the past year and looks set to shoot even higher as the recent jump in oil and commodity prices feeds through.
‘nuf said.
rantnrave says:
Unofficially the goal posts have been moved to making sure we keep an AAA credit rating.
watchman says:
[email protected]: “Unofficially the goal posts have been moved to making sure we keep an AAA credit rating.”
Yes and like another game played with goalposts it also is being playing by overpaid disloyal self-indulgent lying two-faced a***holes who wouldn’t know what it’s like to do an honest day’s work for the (relative) pittence most of us have to put up with
pelethar says:
Anyone remember how long it takes them to release the minutes?
timmy t says:
I know where I’d like to shove those goalposts!
timmy t says:
pelethar – Wednesday 23rd Feb – they type slowly!
khards says:
7, gives them time to manufacture and edit the notes. I would love to put a hidden recorder in the room then compare it to the notes.
Alight Mervin, how did the golf at the weekend? Very well thank you Charles how is the Jag?
etc. etc… Completing on a number of London flats this week……etc..etc…
ontheotherhand says:
Do MPC members have to declare outside interests like MPs? I really think they should have to declare any property, investments, debt and savings they have which depend on the interest rates they propose. If one of them were to have a £1m house, how can that not weigh on their decision to raise interest rates and cost them thousands more in interest and hundreds of thousands in house price? If another is an investor in a start up business, how can they not care personally more than nationally what happens to interest rates? If one of them is nearing retirement, how can they not care how interest rates will play on stock market values and their annuity rate?
khards says:
9, I guess the idea is that you have already wealthy people involved in running the country because they already have money / a house to live in they would not worry how the decisions they are makig reflect upon there personal circumstances.
Clearly people are naturally greedy ant this does not and has never worked.
timmy t says:
ontheotherhand – I think the idea of MPC members doing what is best for them personally is a bit far-fetched. The CEO of Tesco’s would drop prices so he get his weekly shop cheaper would he?
miken says:
When will the markets force the BOE to raise rates?
It’s hard to see why investors keep money in the UK when it’s value is being inflated away.