Tuesday, June 14, 2011

Can the BOW do what they are supposed to?

Can the BOE prevent the next crash?

Its Interesting that one of the mandates of the FPC is to prevent excessive mortgage lending, yet the the base rate is set by the MPC??? I'm sure Merv now gets two salaries instead of one, for doing nothing However, will it mean lower house prices?

Posted by mark goodman @ 10:03 AM (1076 views)
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