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Danny Blanchflower Criticizes Truss and Says ‘Short the Pound’
Former Bank of England policy maker Danny Blanchflower weighed in with criticism of UK Prime Minister Liz Truss’s economic plan, concluding that investors should “short the pound.” The Dartmouth College economics professor who served at the UK central bank from 2006 to 2009 has long been critical of government plans that he says don’t go far enough to help people on low incomes. Following interviews Truss gave in New York about a mini-budget the government is planning to deliver this week, Blanchflower posted on Twitter that he thinks the prime minister’s policy is in disarray. He also expanded on concerns ... (full story)
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