Comments on: BoE’s King is caught in the trilemma trap http://blogs.reuters.com/breakingviews/2013/03/15/boes-king-is-caught-in-the-trilemma-trap/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: omidk http://blogs.reuters.com/breakingviews/2013/03/15/boes-king-is-caught-in-the-trilemma-trap/comment-page-1/#comment-11566 Mon, 18 Mar 2013 15:03:02 +0000 http://blogs.reuters.com/breakingviews/?p=17786#comment-11566 Depends on the credibility of the central banker, which has to be earned over a long period. Mervyn King’s pronouncements have very little credibility these days. Mark Carney can point to his “success” at Bank of Canada. However, the markets are increasingly realizing that the so-called Australian and Canadian economic success of the last decade was merely a property bubble built on top of a commodities bubble with a decade of Dutch disease in between. Not sure if Carney will have more credibility by the time he starts his job! I am beginning to sound like you.

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