Archives

December 2011
M T W T F S S
« Nov   Jan »
 1234
567891011
12131415161718
19202122232425
262728293031  

Why Mervyn King doesn’t give a toss about inflation

For more than two years, the Bank of England’s monthly inflation forecasts have been wrong. Every single time. In any other job, you’d get fired for such incompetence. But in our overpaid, self-serving, useless public sector, such incompetence is the rule rather than the exception. But is it really incompetence? Or dishonesty? After all, it’s […]