Confusion as to what the boe is doing. Are they dovish or hawkish . Cannot tell. Guy, we will be speaking to the iea executive director and also at Columbia University visiting professor and former citi chief economist. Guy also formally of the bank of england. We will just what exactly we have been learning from the bank of england. A lot to digest and hard to fathom. Hour we last half an have seen news from the press briefing. A teleconference briefing with reporters after the policy decision. He did not discuss negative rates, and did not discuss neil yield control. But there will be some degree of flexibility with the pace of qe, which looks like it is going to slow down. Economist joins us to give us his take. What we got from the bank today seems to be slightly hawkish inasmuch as the chief economist is dissenting, saying that he feels the economy is picking up faster than anticipated, and he did not see the need for extra qe, in the rate of qe will be blowing down. Am i right to
Standard and there was nothing hooking our Financial System our economies to anything real so fantasy could erupt we could have a fantasy economy around the world and then it started to really hit the peak we went so deep through the Looking Glass that we had that fracking with the red queen centrum right 1st of all they were never making any money but they had to keep on drilling faster and faster and more and more just to stay in the same place now were through the Looking Glass and the totally at the end of it in the past 2 years and all that is beyond that is a black hole and spaghettification because right now you know when we got to negative Interest Rates when time had no value that was one thing and we told you we were shocked we were like alarmed by this then now we have the negative in the negative cost of of energy so like does he equal mc squared any longer yeah i see were going with that and you know looking back at the history of economics i guess you could say you know 1
Real so fantasy could erupt we could have a fantasy economy around the world and then it started to really hit the peak we went so deep through the Looking Glass that we had that fracking with the red queen centrum right 1st of all they were never making any money but they had to keep on drilling faster and faster and more and more just to stay in the same place now were through the Looking Glass and the totally at the end of it in the past 2 years and all that is beyond that is a black hole and spaghettification because right now you know when we got to negative Interest Rates when time had no value that was one thing and we told you we were shocked we were like alarmed by this then now we have the negative in the negative cost of of energy so like does equal mc squared any longer. Yeah i see where youre going with that and you know looking back at the history. Taken omics i guess you could say you know 1st you had stuff like agriculture and then you had factories and then you had cap
Anything real so fantasy could erupt we could have a fantasy economy around the world and then it started to really hit the peak we went so deep through the Looking Glass that we had that fracking with the red queen centrum right 1st of all they were never making any money but they had to keep on drilling faster and faster and more and more just to stay in the same place now were through the Looking Glass and the totally at the end of it in the past 2 years and all that is beyond that is a black hole and spaghettification because right now you know when we got to negative Interest Rates when time had no value that was one thing and we told you we were shocked we were like alarmed by this then now we have the negative the negative cost of of energy so like does equal mc squared any longer. Yeah i see where youre going with that and you know looking back at the history. Taken omics i guess you could say you know 1st you had stuff like agriculture and then you had factories and then you h
Fantasy could erupt we could have a fantasy economy around the world and then it started to really hit the peak we went so deep through the Looking Glass that we had that fracking with the red queen centrum right 1st of all they were never making any money but they had to keep on drilling faster and faster and more and more just to stay in the same place now were through the Looking Glass and the totally at the end of it in the past 2 years and all that is beyond that is a black hole and spaghettification because right now you know when we got to negative Interest Rates when time had no value that was one thing and we told you we were shocked we were like alarmed by this then now we have the negative and the negative cost of of energy so like does equal mc squared any longer. Yeah i see where youre going with that and you know looking back at the history. Taken omics i guess you could say you know 1st you had stuff like agriculture and then you had factories and then you had capitalism