Monday 25 June 2012

BOE David Miles is Out of Touch

David Miles is out of touch, not acceptable for a person in his position. He recognises that high commodity prices is in part to the problems today yet wants to ramp them again through QE? Sinking commodity prices will deliver a boom, I suggest he gets some lessons from the Merkel team. Does he not talk to Mervin....we've got a £100bln coming in business loans.

FT Article: MPC member wants £50bn easing

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