Mark Carney is a master of the central-banking song and dance, so it will be interesting to see how the monetary policy rock star performs Wednesday when he appears before a U.K. Parliamentary committee. As governor of the Bank of England, Carney will presumably be asked to explain why the British economy is performing so well despite the Bank of England’s numerous warnings that a Brexit vote would sink the country into recession or worse. No such recession is in sight.
What went wrong for the doomsters? It’s what happens when the wonky world of economics falls into the hands of politically motivated opinion manipulators, including the country’s central bank.
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