Can I return Mark Carney to your country? He’s an Englishman who doesn’t hold a Canadian passport and works for a European global organization. Could you please take him back?
The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in operation today, after the Sveriges Riksbank. The Bank of England is the world's 8th oldest bank. It was established to act as the English Government's banker and is still one of the bankers for the Government of the United Kingdom. The Bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946. In 1998, it became an independent public organization, wholly owned by the Treasury Solicitor on behalf of the government, with independence in setting monetary policy. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, but it has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has a devolved responsibility for managing monetary policy. The Treasury has reserve powers to give orders to the committee "if they are required in the public interest and by extreme economic circumstances", but such orders must be endorsed by Parliament within 28 days. The Bank's Financial Policy Committee held its first meeting in June 2011 as a macro prudential regulator to oversee regulation of the UK's financial sector. The Bank's headquarters have been in London's main financial district, the City of London, on Threadneedle Street, since 1734. It is sometimes known by the metonym The Old Lady of Threadneedle Street or The Old Lady, a name taken from the satirical cartoon by James Gillray in 1797. The busy road junction outside is known as Bank junction. As a regulator and central bank, the Bank of England has not offered consumer banking services for many years, but it still does manage some public-facing services such as exchanging superseded bank notes. Until 2016, the bank provided personal banking services as a popular privilege for employees.
Bank of England = Deep State (of the Rothschilds). They print money for the country and that's why our government is always in debt. Let's call it what it is: "usurpation".
Yes. So they can achieve their mandate. Their independence is one that government has given to them and only government can take away in a transparent and overt way. That's the way the system works. To avoid politicians abusing monetary policy to gain political points while damaging the system, or causing rampant inflation, etc.
I just explained the way it worked. You on the other hand didn't say anything of substance, so it looks like you simply don't believe anything the 'establishment' says regardless of anything else, never mind what I said wasn't something that some 'establishment' told me, it is literally simply how it works. Not based on whatever any 'establishment' figure says.
1213 1213 "literally simply how it works..." think most peoples view of that statement would include who really owns it, who benefits, who gets stiffed, how it masks it true agenda, how QE failed to significantly get banks lending but strangely enriched a small group of people (and does its best to keep this quiet), etc, etc, etc, etc, etc. but by all means if your mind doesn't think those sort of questions constitute what really matters & is instead content with the superficial description they give you, be my guest
We weren't talking about whether what they did worked or not. We were talking about their objectives and their mandate. They were given independence by the government, which can only be taken away by the government openly through legislation. Furthermore, the BoE is always talking about the impact and implications of QE, as do most central banks and any prominent economist who has anything to say about the central bank. Maybe you should consider paying attention. Here is their front page for QE, included in the key resources in a document explicitly about the distributional impact. www.bankofengland.co.uk/monetarypolicy/pages/qe/default.aspx But sure, they are trying their best to hide it. And again, my knowledge of the central bank doesn't come from the central bank. And most of it comes from before the central bank had independence.
+jenwill11 You do realize that he is telling it the way it is. He was extremely transparent and honest when he was the Governor for the Bank of Canada. He is a Canadian and Irish citizen and not an American, he did a great job here.
I agree with you, he's done an amazing job and was impartial throughout the referendum. It's only now people will realise the economic implications mark carney and the Bank of England warned us about.
bank of england should be re-nationalised, BOEN stopped from it and glass steagall passed. Also mass public spending on infastructure 0% long term science driver programme.
At Brazil in south america the fuel and food block is stopping people from eating and driving, also airplanes from travelling, and needs help with resourcers and security, saving people from starving and dieing.
well unless royal navy finds a way to move british island 30 miles of the cost of new york you wont get away from massive economic deflation if united states is worried about economic impact of dissolution of eu tell me brits logicly what kind of economic impact do you think great britain will experienced
It's independent? What a load of bollocks, the BofE should be nationalised. Otherwise who else is it democratically accountable to? How can it be called Bank of England when it's private?
I imagine he knows more about regular life than you do about complex economic theory. Baseless barbs from the peanut gallery are typically ignored by serious people doing serious jobs that impact tens of millions of people.
We really do live in Orwell's "double speak" bullshit version of reality now. A foreign, anti-British banker telling us he is "absolutely independent" and thus has a right to speak out on a BRITISH political issue.
this guy is a complete fail to bank reputation. He believes to make a good resume CV to get into politics, but is only burrying himself, as seen on his hearing of bank etics and procedures by Rees-Mogg. Absolute disgutting guy.
Comments on here are from complete bigots who don't truly understand what the BoE's role is. This man is smarter than all of us and much more important than the likes of George Osborne - his opinion on the matter should be taken with great respect.
+Sam being "smart" and "important" doesn't make him moral and doesn't give him the right to speak out on a BRITISH political issue. He is a foreigner. The EU referendum is on whether BRITISH people should be independent, free and live in a democratic country. All those things are being eroded by the EU right now.
+SteveFusionX Listen to yourself! Or rather look at what you are writing! Mark Carney is a Canadian/Irish citizen who has lived and worked in this country for many years. He personally gets a say in the EU. As a representative of the BoE, he provides the analytical facts. If you ignore them, you are a bigot.
+SteveFusionX Yes, maybe in your fascist view he doesn't have a say. However, he is the governor of the Bank of England and you are not. My grandparents weren't born here, and yet they get a say you xenophobe
Sam well, that's wrong. I think only people born in this country should have a say on the referendum. Again, this is about MORALS. It's about conserving the culture and identity of this country. I think the only thing that can save this country is for an "Enoch Powell" type leader to get into power. But there's no chance of that of course :) Incidentally, Powell correctly predicted everything that has happened to our country (especially London which is now run by a Pakistani Muslim.)
+SteveFusionX OK now you're just trolling me. Nobody invokes Enoch Powell non-sarcastically! if you're not trolling me however, then I could not be happier that there is a Pakistani Mayor of London, just to piss off extremists like you haha!
Fuck off mte you are a liar. You just are another remainer. A load of bollox we managed and was one of the best exporter before we joined the EU. Since joining the EU we have slowly been going down hill. We started off exporting at 40% then 25% now it is only 15%. We are worse off now. You are not old enough to know. Should have asked Mother or father.
You have been wrong 3 times and you are now. It’s called scare mongering. We are not stupid. I breathe haven’t even got a family if have I it only one or two kids. Have never seen hardship. Nigel Farage has gone Mad with him. He’s a shit ass.
At 2:59 I laughed because it was such a blatant lie....
the funny thing is.... he almost laughed as well, lol
+People Earth It must be hard to keep a straight face when they tell so many blatant lies all the time yet they get away with it.
this canadian is 'absolutely independent'
Can I return Mark Carney to your country? He’s an Englishman who doesn’t hold a Canadian passport and works for a European global organization. Could you please take him back?
Absolutely independently a debt slave to the Privately owned I.M.F.
The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.
Established in 1694, it is the second oldest central bank in operation today, after the Sveriges Riksbank.
The Bank of England is the world's 8th oldest bank.
It was established to act as the English Government's banker and is still one of the bankers for the Government of the United Kingdom.
The Bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946.
In 1998, it became an independent public organization, wholly owned by the Treasury Solicitor on behalf of the government, with independence in setting monetary policy.
The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, but it has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland.
The Bank's Monetary Policy Committee has a devolved responsibility for managing monetary policy.
The Treasury has reserve powers to give orders to the committee "if they are required in the public interest and by extreme economic circumstances", but such orders must be endorsed by Parliament within 28 days.
The Bank's Financial Policy Committee held its first meeting in June 2011 as a macro prudential regulator to oversee regulation of the UK's financial sector.
The Bank's headquarters have been in London's main financial district, the City of London, on Threadneedle Street, since 1734.
It is sometimes known by the metonym The Old Lady of Threadneedle Street or The Old Lady, a name taken from the satirical cartoon by James Gillray in 1797.
The busy road junction outside is known as Bank junction.
As a regulator and central bank, the Bank of England has not offered consumer banking services for many years, but it still does manage some public-facing services such as exchanging superseded bank notes.
Until 2016, the bank provided personal banking services as a popular privilege for employees.
Bank of England = Deep State (of the Rothschilds).
They print money for the country and that's why our government is always in debt. Let's call it what it is: "usurpation".
"we are absolutely independent"......
independent of what? the general public? of anyone representing the interests of the nation?
Yes. So they can achieve their mandate. Their independence is one that government has given to them and only government can take away in a transparent and overt way. That's the way the system works. To avoid politicians abusing monetary policy to gain political points while damaging the system, or causing rampant inflation, etc.
seriously dude, is their anything the establishment tells you that you don't believe at face value?
[ rhetorical question. no reply required ]
I just explained the way it worked. You on the other hand didn't say anything of substance, so it looks like you simply don't believe anything the 'establishment' says regardless of anything else, never mind what I said wasn't something that some 'establishment' told me, it is literally simply how it works. Not based on whatever any 'establishment' figure says.
1213 1213
"literally simply how it works..."
think most peoples view of that statement would include who really owns it, who benefits, who gets stiffed, how it masks it true agenda, how QE failed to significantly get banks lending but strangely enriched a small group of people (and does its best to keep this quiet), etc, etc, etc, etc, etc.
but by all means if your mind doesn't think those sort of questions constitute what really matters & is instead content with the superficial description they give you, be my guest
We weren't talking about whether what they did worked or not. We were talking about their objectives and their mandate. They were given independence by the government, which can only be taken away by the government openly through legislation.
Furthermore, the BoE is always talking about the impact and implications of QE, as do most central banks and any prominent economist who has anything to say about the central bank. Maybe you should consider paying attention.
Here is their front page for QE, included in the key resources in a document explicitly about the distributional impact.
www.bankofengland.co.uk/monetarypolicy/pages/qe/default.aspx
But sure, they are trying their best to hide it.
And again, my knowledge of the central bank doesn't come from the central bank. And most of it comes from before the central bank had independence.
I wish we could get our former Bank of Canada Governor Mark Carney back. Consider yourselves lucky Brits.
+jenwill11
You do realize that he is telling it the way it is. He was extremely transparent and honest when he was the Governor for the Bank of Canada. He is a Canadian and Irish citizen and not an American, he did a great job here.
I agree with you, he's done an amazing job and was impartial throughout the referendum. It's only now people will realise the economic implications mark carney and the Bank of England warned us about.
talha naveed Bullshit, the economic catastrophe is cause by the central bankers once again! We're not stupid, interest rates haven't risen in 9 years!
Fuck off ..He is a lying prick .. take him back tomorrow .
lol no
He should have said the bank of England is as free from political control by the government as the BBC is.
bank of england should be re-nationalised, BOEN stopped from it and glass steagall passed. Also mass public spending on infastructure 0% long term science driver programme.
At Brazil in south america the fuel and food block is stopping people from eating and driving, also airplanes from travelling, and needs help with resourcers and security, saving people from starving and dieing.
So is TMCO
well unless royal navy finds a way to move british island 30 miles of the cost of new york you wont get away from massive economic deflation if united states is worried about economic impact of dissolution of eu tell me brits logicly what kind of economic impact do you think great britain will experienced
Why should I trust a member of the Committee of 300?
Yeah, why not ask the hangman if whether the death penalty is wrong while you're at it?
You can't trust Mark Carney with anything.
It's independent? What a load of bollocks, the BofE should be nationalised. Otherwise who else is it democratically accountable to? How can it be called Bank of England when it's private?
Ask this man how much a gallon of milk costs….he would have no clue.
I imagine he knows more about regular life than you do about complex economic theory. Baseless barbs from the peanut gallery are typically ignored by serious people doing serious jobs that impact tens of millions of people.
We really do live in Orwell's "double speak" bullshit version of reality now. A foreign, anti-British banker telling us he is "absolutely independent" and thus has a right to speak out on a BRITISH political issue.
YES outrageous we must all be mad. He is a slimy creep! It was the jewish bankers in USA that caused this financial problem in the first place!
I wouldn't trust anything Lamont says he sat in the bath singing Je regret Rein when the economy was going down the toilet.
Where is that interviewer coming from? that's a propaganda
a snake from Canada
"We are an independent committee " lol We know
Why are BBC videos capped at such a low framerate?!
Bollocks to the biased BBC.
fifth columnist, deployed by corporate America.....
this guy is a complete fail to bank reputation. He believes to make a good resume CV to get into politics, but is only burrying himself, as seen on his hearing of bank etics and procedures by Rees-Mogg. Absolute disgutting guy.
And you are a failure to the English language, sir.
He's the Irish chairman of the G20 scheming gang.
Or, Goldman-Sachs favoured flimsy sheepdog.
Don't expect any better....
He was the Best
They will be so sorry they got rid of him
We are happy to have got rid of him
Comments on here are from complete bigots who don't truly understand what the BoE's role is. This man is smarter than all of us and much more important than the likes of George Osborne - his opinion on the matter should be taken with great respect.
+Sam being "smart" and "important" doesn't make him moral and doesn't give him the right to speak out on a BRITISH political issue. He is a foreigner. The EU referendum is on whether BRITISH people should be independent, free and live in a democratic country. All those things are being eroded by the EU right now.
+SteveFusionX Listen to yourself! Or rather look at what you are writing! Mark Carney is a Canadian/Irish citizen who has lived and worked in this country for many years. He personally gets a say in the EU. As a representative of the BoE, he provides the analytical facts. If you ignore them, you are a bigot.
+SteveFusionX Yes, maybe in your fascist view he doesn't have a say. However, he is the governor of the Bank of England and you are not. My grandparents weren't born here, and yet they get a say you xenophobe
Sam
well, that's wrong. I think only people born in this country should have a say on the referendum.
Again, this is about MORALS.
It's about conserving the culture and identity of this country.
I think the only thing that can save this country is for an "Enoch Powell" type leader to get into power. But there's no chance of that of course :)
Incidentally, Powell correctly predicted everything that has happened to our country (especially London which is now run by a Pakistani Muslim.)
+SteveFusionX OK now you're just trolling me. Nobody invokes Enoch Powell non-sarcastically! if you're not trolling me however, then I could not be happier that there is a Pakistani Mayor of London, just to piss off extremists like you haha!
Your pants are on fire, Goldman Sachs puppet
Sou um brasileiro. Tou assistindo esse vídeo, para tentar entender melhor o inglês kkkk
He's a cool dude lol
+jenwill11 no deal pal
He looks like Norman Wisdom “Mr Grimsdale!”..
Fuck off mte you are a liar. You just are another remainer. A load of bollox we managed and was one of the best exporter before we joined the EU. Since joining the EU we have slowly been going down hill. We started off exporting at 40% then 25% now it is only 15%. We are worse off now. You are not old enough to know. Should have asked Mother or father.
You have been wrong 3 times and you are now. It’s called scare mongering. We are not stupid. I breathe haven’t even got a family if have I it only one or two kids. Have never seen hardship. Nigel Farage has gone Mad with him. He’s a shit ass.
LOL Brexit is a failure…he was right.
Quite handsome dove
Is up everyone wearing an old tin hat in uk happy now ! Carney was trying to help everyone u fools