Canadian businessman Jim Balsillie has a dire warning for Canadians as we go to the polls: Don't fall for Mark Carney's economic blarney. My husband has a post-graduate degree from 'The London School of Economics'. He was awarded a fellowship to gain entry to that venerable institution -- quite the feat because even money can't get you in.
Asking B what a central banker does, he told me a central banker has one job: To maintain price stability. That's it. That means adjusting interest rates accordingly. That's all you have to do. And he even has seven deputy governors to help him figure it out. Seven! Yet Carney is painted as some kind of genius who saved two economies with his mysterious monetary super powers and mumbo jumbo.
Please have a read of Balsillie's take and cast an informed vote. As I've said, his policies are all tucked secretly into a Trojan Horse which he will open with dire consequences if elected:
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Don't be fooled. |
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Balsillie's take. |
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