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If Someone Gets It Consistently Wrong Then Why Do We Continue To Accept Them?

By Andy Shaw | January 25, 2010

Originally Posted 28th October 2008

The Bank Of England and Mervyn King have been consistently getting it wrong for ages and as my regular readers know I’ve been saying this and questioning the value of their inflation targeting and furthermore their ability to predict the future. Also I occasionally write stake in the ground articles so that I can be held accountable for my predictions – this is so that I can continue to build confidence with my readers as I believe a track record is the most important thing. This is a way of ensuring you that I stick my reputation on the line when I state my opinions and forecasts.

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Topics: Government, The Economy | Comments Off

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