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David Blanchflower- Cassandra who wasn't listened to.
Comments
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the_ash_and_the_oak wrote: »think 05 was too late by some distance tbh and by then was prob 'easier' just to roll it on and hope for the best0
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Let's try to remember that his job as part of the MPC was supposed to be to control inflation. That's all. Not to act as some kind of gnu after the event.Krusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
Their remit also includes growth and employment and the fact that it has a lower profile is the fault of Gordon Brown for failing to give them the authority. Blanchflower did at least do his job in warning (correctly) that the economy was tanking last summer. If interest rates has been slashed then, the situation would be better now.0
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