Business UK
Patrick Christys says ‘it’s time to sack the Governor of the Bank of England’
‘Andrew Bailey is an ocean-going dud who has made millions of people’s lives worse. He deserves to be metaphorically strung up… Sack him, Rishi. Get him gone. Sack the plank of England! DITCH THE DUD!’
Patrick Christys says it’s time to sack the Governor of the Bank of England
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@paulclay4293
January 23, 2024 at 11:52 pm
The government are not sacking him as he is one of them and they all protect each other
@MrJamessteyn
January 23, 2024 at 11:52 pm
I totally agree. I have created partition about boe governor .
Hopefully it will be approved soon!
3/5 friends and family voted for mine!
@GreenStreetPlayer1
January 23, 2024 at 11:52 pm
How could he/they leave rates so low for so long. They did not know what they were doing. In addition, because house price growth has no cap and no controls, which is stupid, the failure to increase rates some time ago failed to check the rise in house prices which were allowed to spiral out of control. We now have a double whammy, sky high mortgages and increasing rates. A lot of us knew bubbles would burst. Why weren’t the economists and decision makers on top of this themselves! Just what were they doing!
@JoeyBlogs007
January 23, 2024 at 11:52 pm
It's extremely unfair. I've been thinking this for a while. It's clear that rising rates does not curb inflation. If it does have an impact, it only works by pure luck. It's an anvil approach as Musk says. A sledgehammer to crack a walnut. Inflation is governed by demand and supply and no third party factor. Banks are trying to lower demand, when really government should be creating a positive framework with incentives for business to increase supply. Crushing demand for growth via interest rates manipulation has a negative overall impact on an economy. Facilitating growth by increasing productive capacity and efficiency, has a beneficial impact, because it adds to GDP and shifts the demand / supply equation in favour of lower prices whilst supporting higher growth and economic expansion, which is beneficial. The boom / bust methodology of the banks manipulating interest rates is not only a pessimistic and cynical approach, but also very damaging to the economy and people livelihoods, when it really doesn't need to be that way at all. Interest rate manipulation really serves to make the rich richer and the average to poor even more poor via a boom / bust mentality. The central bank rate policies are a wealth transfer system from poor and medium income families to the rich and powerful. That's all it is. It's cycled through every few years, to transfer more wealth to the rich and powerful and keep the poor and middle income earners in their place. That's what it was designed for.
@9parasqn656
January 23, 2024 at 11:52 pm
Sack Rishi as well.
@deryckevans8877
January 23, 2024 at 11:52 pm
He's been fully focused on making money for himself and his mates.
@timlodge8267
January 23, 2024 at 11:52 pm
One job.
@archiemcberry7102
January 23, 2024 at 11:52 pm
I don't think we can sack him until we are flat broke. We ain't flat broke yet are we?
@MyRighteous
January 23, 2024 at 11:52 pm
Sack lol … Trie him for treason .
@archetypesmith9435
January 23, 2024 at 11:52 pm
This man and others like him are the new sonderkommmando of the global village prison. Happy to take the job and the shekels, quietly herding the flock to the pens. The very dregs of humanity draped in fine cloth. You can polish the turd but it still smells of shit.
@stoicsceptic8420
January 23, 2024 at 11:52 pm
Bailey is a board member of the Bank of International Settlements, the heart of the cabal.
@davidmiller7771
January 23, 2024 at 11:52 pm
Hard working people , that were already struggling to live , are now living from day to day because of people who have failed this country , it is always those who live their lives properly who pay the price , time to clear out the failures , it is obvious the Governor of the BOE , and the Government are drastic failures , get them out
@barriepeck643
January 23, 2024 at 11:52 pm
Bailey has not a clue if he was a football manager he would have been sacked long ago
@razkhan2958
January 23, 2024 at 11:52 pm
Andrew bailey does not care about poor people? He get £575,000 a year
@paulhawthorne2960
January 23, 2024 at 11:52 pm
This has all been done on purpose and by design.
@markvincentjamesmason4812
January 23, 2024 at 11:52 pm
Perfect description..” the “plank” of England 🏴..
@Ms.Norths.Musings
January 23, 2024 at 11:52 pm
The monopoly money printed is propped up by & paid for by inflation YOU PAY FOR. Yesss, YOU.
@carolprice9473
January 23, 2024 at 11:52 pm
All a ploy and collusion to get us back into the European Union.
@thelasthourgetready
January 23, 2024 at 11:52 pm
Bailey didn't tell people to go buy a house they can't afford. If you buy a stock and the price goes down that's your responsibility if you borrow to buy a house and the market moves against you thats also your responsibility. No investor is entitled to never ending appreciation in property value
@2aph0d_b33blebr0x
January 23, 2024 at 11:52 pm
The rot started with Carney. The BOE are still following his stupid policies.
@keewng
January 23, 2024 at 11:52 pm
Sorry Patrick maybe at the height of inflation safer to have a monetary Devil Andrew Bailey then have a new Satan who could be worst. Better the Devil we know than one we don't!
@Rose-my5py
January 23, 2024 at 11:52 pm
These people aint got no idea how the normal people struggle shame on them all of them
@robertbrooks2007
January 23, 2024 at 11:52 pm
Lets get rid of the Chancellor too.
@chrissmith-wq6gr
January 23, 2024 at 11:52 pm
Love it, he'll not be sacked, he's rich.
He'll be allowed to leave with a massive bonus because of all the money he's making the banks.
Funny how it used to be if interest rates went up, the savers (if there are any) would also get higher interest rates, yet they seem to be lagging behind.
So as always it's all going to the wealthy, Sunak and the like.
@paulmoore120
January 23, 2024 at 11:52 pm
We deserve better.
@groovydonkey
January 23, 2024 at 11:52 pm
I think he should as well, but we all know that won't happen as they don't care and doesn't effect them, like it does us everyday folk.
@kappaslapper14
January 23, 2024 at 11:52 pm
Well looks like even the GB presenters pockets are being hurt now . And if you sack this one what is it you expect the nx one to do to save the day ?
@geoffcropper1410
January 23, 2024 at 11:52 pm
They'll promote him and make him a sir.That's what they do.
@lsmoulton
January 23, 2024 at 11:52 pm
er…..don't hold back Patrick. 😄
@TheMishka11
January 23, 2024 at 11:52 pm
A blind man could see inflation coming as soon as boris said stay at home and you will still be paid
@kevinpotts9583
January 23, 2024 at 11:52 pm
he is on £500,000
@chicotime69
January 23, 2024 at 11:52 pm
It's all part of the plan!!!!!!!!!!
@brite1sky951
January 23, 2024 at 11:52 pm
I’d be sacked for this performance.. rightly so!
@Adrian-jk4kx
January 23, 2024 at 11:52 pm
I wonder what Liz Truss is thinking.
@lorrainelowis5388
January 23, 2024 at 11:52 pm
The rich had this planned for a long time
@stumac869
January 23, 2024 at 11:52 pm
Sunak was happy to keep monetising debt (money printing) to pay for lockdowns and as an ex-banker must have known that would result in inflation. If he did know he was complicit, if not he's incompetent but either way he should also be sacked.
@m0o0n0i0r
January 23, 2024 at 11:52 pm
hmm Turkey did that, it didnt turn out so good. Well at least the markets now know the BOE is not independant. THe BOE want people to struggle and be out of work to cool off demand and reduce inflation. So I would suggest, before "sacking" the BOE governor, perhaps the UK should restructure so we can have a truely data driven BOE, and none of this politics.
@andrewgamble5332
January 23, 2024 at 11:52 pm
Who was he appointed by?
@California265
January 23, 2024 at 11:52 pm
Well said Patrick
@janetbullas8821
January 23, 2024 at 11:52 pm
well said Patrick
@leswalker2207
January 23, 2024 at 11:52 pm
Definitely, while you're at it, sack Sunak & *unt too!
@gary650uk
January 23, 2024 at 11:52 pm
When you have only one responsibility for your job , and yes it is a big one but you took the job knowing that you have to control inflation on a salary believed to be £650 000 a year , so get out give that money back and apologise.
@ange1098
January 23, 2024 at 11:52 pm
He was put in deliberately by his WEF masters
@nigelvaughan429
January 23, 2024 at 11:52 pm
Time for an audit
@joancooley1387
January 23, 2024 at 11:52 pm
Bound to upset a lot , but don’t care. Right Now , millions of our people and our country, Need Boris Johnson.
@adrianrouse5148
January 23, 2024 at 11:52 pm
Agree but not before he tells us who told him not to raise interest rates when borrowing vast amounts more than two years ago.
@williamrogers4791
January 23, 2024 at 11:52 pm
We have 🤡running the bank of England and parliment,
Patrick well said, 👍
@rogersimmons8788
January 23, 2024 at 11:52 pm
I couldn't agree more. We need a cross dressing, penis owning woman of colour in a wheelchair to take his place!😊