On responsibility for sterling crises

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A year ago David Cameron had this to say to the Conservative Party conference:

There's an academic called Richard Murphy. He's the Labour Party's new economics guru, and the man behind their plan to print more money.

He gave an interview a few weeks ago. He was very frank. He admitted that Labour's plan would cause a “sterling crisis”, but to be fair…

…he did add, and I quote, that it “would pass very quickly”.

Well, that's alright then.

This morning David Cameron's folly on Brexit has resulted in a 31 year low for the pound against the dollar. I would call that a sterling crisis that is likely to continue.

And I have not caused one.

Maybe that's why David Cameron has no job and I am still doing mine.


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