Cian
Well-known member
Josky said:I think the point was that setting interest rates in the UK is not done by anyone who is democratically accountable, therefore what difference does it make whether they are set in London or in Frankfurt?
The British people have no control over them now, so what difference does it make?
Yes, but they're set to match what best suits the British economy, and not the French-German-Italian-Spanish economies at the same time.
And as we know, the latter two of that list are economic basket cases.