Comments by "" (@charliemoore2551) on "We need a Bank of England, but not the one we’ve got" video.

You can "gin" up the economy just before elections in all sorts of ways. You can make a lot of tax cuts, increase pensions, create unproductive jobs to get unemployment figures down, change the way unemployment figures are calculated and reported etc etc. Politicians don't do them because they know full well that the electorate will see through them. Same goes for interest rates.
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@clivewilliams3661 Gordon Brown removed democratically accountable control of the Bank of England because he doesn't like democracy. Period. The crash in 2008 was entirely due to the action (or rather lack of it) on the part of central banks (including BoE) who trusted the market to correct itself.
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@clivewilliams3661 Brown's not the only one who hates democracy, I see.
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@clivewilliams3661 And it's been Sooo stable under the bankers....
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@stuartd9741 But that's a political position in itself.
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@BOZ_11 How old are you? Pre-election giveaways have been a thing since universal suffrage! And, in most cases, electorates see through them.
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"depoliticising it and involving professionals". That's a delusion. Most modern "economists" are more committed to Neoliberalism than they are to economics. They embrace the TINA doctrine of Thatcher and the utterly discredited academics that advised her and all Chancellors have gone along with it - including Labour ones.
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@BOZ_11 Indeed. It would be, wouldn't it?
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@BOZ_11 All of which are election bribes just like dropping interest rates. I'm not going to be lectured on "focus" by a neoliberal!
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