Comment on Bank of England Keeps Rates at 15-year High
deadcatbounce@reddthat.com 10 months ago
They controlled interest rates like Nigel Lawson, mentioning a blip after jump-starting the economy, slashing tax rates in the eighties and setting up a election win. Inflation hit mid/late-double digits.
The only thing I applauded Brown for was the delegation of the inflation control brief to the BoE. And now we’re back to the inflation roller coaster that we were.
FFS.