By: Marblechops

Marblechops
Fri, 05 Aug 2022 21:50:06 +0000

Good piece. Nice to see some contrarian opinion. Central bank “independence” has been absolutely dog shit for most of society - aside from owners of assets.

The public need to understand there is no real “independence” anyway - it’s all sleight of hand; since the BoE are utterly dependent on treasury issuance to control interest rates.

Just another face of our abysmal economic management