Dors Venabili (@DorsVenabili)
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"Lord Mervyn King, the former governor of the Bank of England said that even as the economies of the west were contracting because of lockdown, 'central banks decided it was a good time to print a lot of money'. "He said that this was a mistake which led to inflation – as there was 'too much money chasing too few goods'. The financial expert said that the sharp rises in inflation was 'predictable' and that the financial markets were now responding to governments losing control of public finances as countries were over-borrowed." They knew all along what would happen. They ALL did. And they did it anyway. 😠 https://gript.ie/central-banks-mistakes-led-to-inflation-says-former-governor-of-central-bank/