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Tory Leadership contest 2022

The independence of the BOE is looked upon fondly by those who take the assumptions of neoliberalism to heart and thus view economics as being some kind of neutral, apolitical force of nature. They then believe that this force can be scientifically understood and directed.
 
The independence of the BOE is looked upon fondly by those who take the assumptions of neoliberalism to heart and thus view economics as being some kind of neutral, apolitical force of nature. They then believe that this force can be scientifically understood and directed.
Counter argument: politicians are dumb and shouldn't be trusted.

Look at where political meddling in interest rate policy has got Turkey. They are facing a currency crisis and an eye watering inflation rate of over 80%.
 
I’m not really following this, but want to know when we’re gonna find out who the next PM is. Can anyone tell me please? Ta
 
Counter argument: politicians are dumb and shouldn't be trusted.

Look at where political meddling in interest rate policy has got Turkey. They are facing a currency crisis and an eye watering inflation rate of over 80%.
So we’re going to trust them with literally everything else in the country but not this special thing? That speaks to an ideological priority right there.
 
It's weird isn't it. The BoE isn't a neutral organisation.

I assume it's the usual "they should do only what we tell them and not have opinions, like saying brexits fucked the economy"
Yes, exactly this. The BoE should only do what the government of the day tells them to do.

Thing about democratic accountability is that it doesn't work very well. But the alternative is even worse.
 
Do you think she went to RADA to develop that talent for showing a momentary flash of emotion while speaking? Probably not, as her delivery looks like she learned her acting skills studying Joey Tribbiani from Friends.

After showing a bedazzling command of numbers she does a let that sink in pause twice as long as she should, then the indignant eye flash on ‘disgrace. After ‘That. Is. A. Disgrace’ she expects the declaration to spark a revolution.
Stilton parliamentarian opposing Edam Roundheads.
Please let her win out.
 
So we’re going to trust them with literally everything else in the country but not this special thing? That speaks to an ideological priority right there.
There are plenty of semi-independent bodies set up to act as checks and balances on the government of the day.

You don't want to get rid of those do you? That way lies autocracy.
 
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