Only by putting up interest rates. And that is forbidden in the land of ever rising house prices.
Does the BOE actually have any tools apart from interest rates?
So let me get this straight.
The Bank has one job, make sure inflation is not politicised and they match their targets. So the target is 2%, it goes to 7%, they do nothing.
What is the fucking point you utterly useless cunts? Your entire fucking job is monetary policy and when time is to act you do nothing! Everyone agrees with inflation you go early and gently, but they have done nothing late.
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Only by putting up interest rates. And that is forbidden in the land of ever rising house prices.
Does the BOE actually have any tools apart from interest rates?
So let me get this straight.
The Bank has one job, make sure inflation is not politicised and they match their targets. So the target is 2%, it goes to 7%, they do nothing.
What is the fucking point you utterly useless cunts? Your entire fucking job is monetary policy and when time is to act you do nothing! Everyone agrees with inflation you go early and gently, but they have done nothing late.
Useless.