“‘The [UK] Treasury opened the door to a more aggressive monetary policy on Wednesday, as aides to the chancellor welcomed the next Bank of England governor’s radical views on stimulus measure for flagging economies. In a speech on Monday, Mark Carney suggested setting targets for the overall size of the economy, or nominal gross domestic product, rather than inflation.’ […] Does it worry anyone besides me just a teensy bit that this guy hasn’t even figured out where the BoE coffee pot is, and his people are already lying for him? Far be it from me to distrust an ex-Goldman Sachs banker, but still…”
http://consultingbyrpm.com/blog/2012/12/bank-of-england-carney-this-doesnt-sound-good.html
Related posts:
Selling Syria: White House pleads with Congress for 'limited' strikes
Indiana Appeals Court: Motorist Search Over Expired Tag Disallowed
EU inquiry draft finds NSA, GCHQ activities ‘illegal’ – report
CIA Torture Report Now Fast-Tracked, Over Republicans' Objections
The $822,000-per-Year Bureaucrat and the Death of California
How You Can Quickly Make It into the World's 1% Richest
Greece Closes Banks and Stock Markets, Introduces Capital Controls
Government Civil Liberties Panel Endorses NSA Surveillance
Illinois teacher in trouble for advising students about 5th Amendment before drug screening
ASICMiner Stock Price Rises From 0.1 To Over 2 Bitcoins Per Share
Hacker faces 115 years in prison after lowering customers' cable bills
John Kerry Admits Syrian Rebels Could Have Chemical Weapons
Stormy Weather in U.S. Cloud Computing
How China Spawned a Bitcoin Industry in Three Months (and Why it Might be Doomed)
Mt. Gox Seizures Linked to Silk Road in Fed Testimonies