The FT has an editorial today that discusses whether or not the Bank if England should cut interest rates this week. In that editorial there are some surprising admissions. For example, it is noted that the Bank (and other central bankers) do not understand how inflation works. It follows that they do not understand their […]
source https://thebtrader.com/2020/01/30/its-time-we-got-over-our-fixation-with-central-bankers/?utm_source=rss&utm_medium=rss&utm_campaign=its-time-we-got-over-our-fixation-with-central-bankers
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