1. Central banks (including the Bank of England, the European Central Bank, the Federal Reserve) all failed to spot that inflation was coming. Why in the name of everything fiscal do we give money to these incompetent, overpaid buffoons? And why does anyone take any notice of what they say? It wasn’t difficult to see that inflation was coming. (I warned that inflation was coming fast and hard two years ago. I told you it was going into double figures.) Similarly, it was easy to see (and again you could have read it on this website) that interest rates were going up. The days of absurdly…

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Source: Dr Vernon Coleman - MB ChB DSc Read the original article here: https://vernoncoleman.org/