SaveOurSavers are celebrating 15 years of the Monetary Policy Committee with the following video. It’s rather too harsh on the Governor: effective central planning of the price of money is just as impossible as the planning of other prices and surely more counterproductive. That is, the Monetary Policy Committee are trying to do something which cannot be done. The video below from Dominic Frisby goes to the heart of the matter: our system of inflationary money which is loaned into […]
Tags: Bank of England, economics, Inflation, Monetary Policy, Money, SaveOurSavers, Video