Totally wrong info just given on the Money show

Altior

Albermarle said:

artyboy said:

Cobbler_tone said:

I'd spin it another way. If you can't believe the odd thing that ML says, just think of how much misinformation you have to pick through on message boards and the internet. I guess not as bad if you read incorrect information that you are not physically capable of doing.
I always research using google and multiple sources to try and establish the 'truth'...it is out there!

The problem though is that he's become a bit of a financial messiah to the masses - many many people hang off every word as if it's gospel truth. Just look at some of the FB comments he gets, saying how he's the only person telling the truth, should be PM, what would they do without him etc etc...

Again in the interests of fairness, it's not really his fault - there's a real shortage of serious consumer journalism out there. Martin himself made the point in an awards acceptance speech that he'd really like some competition. The BBC has reduced Watchdog to a slot on the One Show, when really as a public body it should be driving this sort of thing (ok, there's Scam Interceptors, but don't get me started on that twaddle).

The upshot though is that accuracy really does become paramount when people will accept what you say as 'the truth'.

With great power comes great responsibility...

A few weeks ago I was watching the programme with family. I pointed out something he said was cobblers, but they all just laughed at me . How could I ( a mere mortal) know more than the God of personal finance !

I'm of the personal view that his persistent lobbying during covid cost the country, and future taxpayers a lot of money. Especially around getting rid of the supposed red tape around bounce back handouts. Shifting the liability from the banks to the taxpayer opened the floodgates to wholesale fraud. Due to the influence garnered from being the 'God of personal finance', with no liability if (when) it went predictably pear shaped. 

Pollycat

SVaz said:

Dumbing things down helps nobody and is unbelievably annoying. 

Maybe 'dumbing things down' helps the people who don't have your knowledge/expertise...