Thursday, March 02, 2023

Bailey Is Worse Than Worthless!


Bailey has made a complete clusterfuck of communicating the Bank of England's intentions, as can be seen from the very mixed headlines.

He, and his cronies on the MPC, have forgotten (if they ever knew) that central banks are meant to give clear guidance as to what their policies are and their expectations for the future. 

Bailey has achieved none of this, instead he confuses the markets leaving them to look at goat entrails to determine what may/may not be happening.

It is high time Bailey was sacked!

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