It strikes me that the biggest hurdle is the fact that the BOE would need to admit that their initial policy was not well thought out, if not a serious problem and the probability of any government institution admitting that something it did was wrong approaches zero in every nation on earth
It strikes me that the biggest hurdle is the fact that the BOE would need to admit that their initial policy was not well thought out, if not a serious problem and the probability of any government institution admitting that something it did was wrong approaches zero in every nation on earth
Yes, Andy, that does seem the obvious answer. Sigh!