Does Mervyn King and the MPC hold any model what they are doing ?


Answers:
Mervyn King and the MPC do not have a clue what they're on about. One do believes DEFLATION is the problem while the other half of the committee believes that INFLATION is the problem.

This next join makes the issue plain - we are heading for INFLATION big time. Imagine yourself being on the Titanic if you will. No one is contained by the crows nest and we're heading for the . . . . you know the rest.

http://www.marketoracle.co.uk/Article181…


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