Thursday, March 24, 2011

Bank of England Economist says the public is losing faith

http://www.telegraph.co.uk/finance/economics/interestrates/8404041/Bank-of-England-must-raise-interest-rates-before-its-too-late-warns-chief-economist-Spencer-Dale.html

Mr Dale I think has his facts a little wrong.
We are trying to get out of a bad slump, the banks are not lending, but according to him the man on the street is worried about inflation.
I don't think so.
The man on the street is worried about surviving and keeping his house when he has no money!!!
Oh and we have a very high unemployment

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